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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) The board may lease any property that it owns on terms it considers proper.
(b) A lease for agricultural and grazing purposes is subject to cancellation on the sale of the property to a veteran.
(c) The board may execute oil, gas, and mineral leases on land purchased by it before it sells the land by following the same procedure provided for the school land board in the lease of public school land.
Cite this article: FindLaw.com - Texas Natural Resources Code - NAT RES § 161.072. Lease by Board - last updated January 01, 2024 | https://codes.findlaw.com/tx/natural-resources-code/nat-res-sect-161-072/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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