31 Tex. Admin. Code § 154.21 - Trade Fee
The General Land Office shall charge a trade fee to participants involved in a land trade of permanent school fund property with the School Land Board. The fee shall be assessed at the time of closing the transaction and shall be 1 1/2% of the appraised value of the particular state tract acquired by the participant in the trade. The School Land Board may waive all or a part of this fee.
Notes
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