Texas § 51.503 APPRAISAL REQUIRED.

Texas Statutes

§ 51.503 — APPRAISAL REQUIRED.

Texas § 51.503

Code NRNatural Resources Code

This text of Texas § 51.503 (APPRAISAL REQUIRED.) 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. § 51.503 (2026).

Text

Sec. 51.503. APPRAISAL REQUIRED.

(a)Before a grant is made under Section 51.501 , an appraiser employed by the land office must appraise the effect of the improvement for which a grant is sought on the value of the permanent school fund property.

(b)If the appraiser finds that the improvement will increase the value of the real property in an amount at least equal to the amount the improvement will cost, the commissioner may authorize the disbursement of money to construct the improvement.

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Sec. 51.503. APPRAISAL REQUIRED. (a) Before a grant is made under Section 51.501 , an appraiser employed by the land office must appraise the effect of the improvement for which a grant is sought on the value of the permanent school fund property.
(b) If the appraiser finds that the improvement will increase the value of the real property in an amount at least equal to the amount the improvement will cost, the commissioner may authorize the disbursement of money to construct the improvement.