Texas Statutes

§ 111.37 — LEASE AND MANAGEMENT OF LAND.

Texas § 111.37
JurisdictionTexas
Code EDEducation Code

This text of Texas § 111.37 (LEASE AND MANAGEMENT OF LAND.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Education Code Code Ann. § 111.37 (2026).

Text

Sec. 111.37. LEASE AND MANAGEMENT OF LAND.

(a)The board may lease for oil, gas, sulphur, ore, and other mineral development all land under its exclusive control for the use of the university. The board may make and enter into pooling agreements, division orders, or other contracts necessary in the management and development of its land. All leases, pooling agreements, division orders, or other contracts entered into shall be on terms which the board deems in the best interest of the university. No lease shall be sold for less than the royalty and rental terms demanded at that time by the General Land Office in the sale of oil, gas, and other mineral leases of the public lands of the State of Texas.
(b)All money received under and by virtue of the leases and contracts executed for the man

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Related

Bache Halsey Stuart Shields, Inc. v. University of Houston
638 S.W.2d 920 (Court of Appeals of Texas, 1982)
16 case citations

Legislative History

Acts 1971, 62nd Leg., p. 3272, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.

Nearby Sections

15
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Bluebook (online)
Texas § 111.37, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/ED/111.37.