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Current as of January 01, 2024 | Updated by Findlaw Staff
On forfeiture, the full title to the land, including both surface and mineral estates, shall revest in the board, and the board shall recognize and continue in force and effect any outstanding valid oil, gas, or mineral lease and collect all rentals, royalties, or other amounts payable under the lease.
Cite this article: FindLaw.com - Texas Natural Resources Code - NAT RES § 161.316. Effect of Forfeiture on Leases - last updated January 01, 2024 | https://codes.findlaw.com/tx/natural-resources-code/nat-res-sect-161-316/
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 before relying on it for your legal needs.
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