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Current as of January 01, 2024 | Updated by Findlaw Staff
(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 owned by the state that was acquired to construct or maintain a highway, road, street, or alley.
(b) An agreement approved by the board under this section must be executed by the commissioner to be effective.
(c) This section does not apply to an interest subject to pooling or unitization by a lessee under a lease issued under this subchapter.
Cite this article: FindLaw.com - Texas Natural Resources Code - NAT RES § 32.206. Ratifications and Other Agreements - last updated January 01, 2024 | https://codes.findlaw.com/tx/natural-resources-code/nat-res-sect-32-206/
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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