Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 60.035 - Notice of Certain Oil, Gas, and Mineral Leases(a) Before a district may enter into a lease under Section 60.034, the district shall have a notice requesting bids on the lease published in a newspaper of general circulation in the district. The notice shall be published at least once a week for two consecutive weeks before the final date for the receipt of bids. Chapter 71, Natural Resources Code, does not apply to a lease made under this section if the lease is made in accordance with this section and Sections 60.036 and 60.037 of this chapter.(b) The notice shall include: (1) the approximate amount of land offered;(2) the general location of the land;(3) the time and place for receipt of bids;(4) the place where specifications may be obtained;(5) information concerning security for the bids; and(6) a statement that the commission reserves the right to reject any or all bids.Amended by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 427,Sec. 2, eff. 6/1/2017.Amended by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 427,Sec. 1, eff. 6/1/2017. Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. 8/30/1971.