Texas Statutes
§ 32.1073 — FIXING ROYALTY, BONUS, AND RENTAL.
Texas § 32.1073
JurisdictionTexas
Code NRNatural Resources Code
This text of Texas § 32.1073 (FIXING ROYALTY, BONUS, AND RENTAL.) 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. Natural Resources Code Code Ann. § 32.1073 (2026).
Text
Sec. 32.1073. FIXING ROYALTY, BONUS, AND RENTAL. In offering land for lease under this subchapter, the board may:
(1)set the royalty and rental and provide for bidding on a basis of the highest cash bonus offered; or
(2)set the cash bonus and rental and provide for bidding on the basis of the highest royalty offered.
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Legislative History
Added by Acts 1985, 69th Leg., ch. 624, Sec. 23, eff. Sept. 1, 1985.
Nearby Sections
15
§ 32.001
DEFINITIONS.§ 32.002
APPLICATION OF CHAPTER.§ 32.003
APPLICATION OF SUNSET ACT.§ 32.011
CREATION OF BOARD.§ 32.012
MEMBERS OF THE BOARD.§ 32.0121
APPOINTMENTS WITHOUT DISCRIMINATION.§ 32.0122
DISQUALIFICATION OF LOBBYISTS.§ 32.0123
CONFLICTS OF INTEREST PROHIBITED.§ 32.013
TERMS OF APPOINTED MEMBERS.§ 32.014
CHAIRMAN OF THE BOARD.§ 32.015
PER DIEM AND REIMBURSEMENT.§ 32.016
BOARD MEETINGS.§ 32.017
SECRETARY OF THE BOARD.§ 32.0171
REMOVAL OF BOARD MEMBER.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 32.1073, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/NR/32.1073.