Texas Statutes
§ 53.118 — RATIFICATIONS AND OTHER AGREEMENTS.
Texas § 53.118
JurisdictionTexas
Code NRNatural Resources Code
This text of Texas § 53.118 (RATIFICATIONS AND OTHER AGREEMENTS.) 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. § 53.118 (2026).
Text
Sec. 53.118. RATIFICATIONS AND OTHER AGREEMENTS.
(a)The board may approve, by rule or order, a ratification or other agreement that includes in the benefits of production a mineral or royalty interest in land belonging to the permanent school fund or the asylum funds.
(b)An agreement approved by the board under this section must be executed by the commissioner to be effective.
(c)A ratification or other agreement that commits any of the interests listed by Subsection (a) of this section in land not belonging to the permanent school fund or the asylum funds must be approved by the board, official, agent, agency, or authority of the state that has the authority to lease or to approve the lease of the land for sulphur and must be executed by the commissioner to be effective.
SUBCHAPTER E.
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Legislative History
Added by Acts 1993, 73rd Leg., ch. 897, Sec. 60, eff. Sept. 1, 1993.
Nearby Sections
15
§ 53.001
DEFINITIONS.§ 53.011
LAND SUBJECT TO PROSPECT.§ 53.013
CONDITIONS OF PERMIT.§ 53.015
APPLICATION FOR LEASE.§ 53.016
ISSUANCE OF LEASE.§ 53.018
ROYALTY.§ 53.019
PAYMENTS.§ 53.020
ASSIGNMENT AND TRANSFER.§ 53.021
FORFEITURE OF LEASE.§ 53.022
EFFECT OF SUBCHAPTER.§ 53.023
IMMEDIATE LEASE.§ 53.024
PENALTY AND INTEREST.§ 53.025
LEASE RELINQUISHMENT.§ 53.026
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Bluebook (online)
Texas § 53.118, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/NR/53.118.