Tex. Educ. Code § 66.73

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 66.73 - Shut-In Royalty

An oil and gas lease issued under this subchapter shall provide for the extension of the lease by the payment of shut-in royalties on terms as the board may adopt.

Tex. Educ. Code § 66.73

Amended by Acts 1997, 75th Leg., ch. 1324, Sec. 1, eff. 1/1/1998.