31 Tex. Admin. Code § 201.2 - Lease Sale
(a) A Board for Lease
(Board) may schedule a lease sale at any time. Leases of land owned by the
Texas Parks and Wildlife Department or the Texas Department of Corrections
shall be advertised and sold in the same manner as leases issued by the School
Land Board (SLB) under Texas Natural Resources Code, Chapter 32. The
procedures, fees, and cost sharing set out in Chapter 151 of this title
(relating to Operations of the School Land Board) shall also apply to the
Board's lease sales.
(b) The lease
shall contain the same terms and conditions as leases issued by the SLB under
Texas Natural Resources Code, Chapter 32 and Chapter 151. However, a Board may
place any other terms and conditions in the lease it determines to be in the
best interest of the state.
Notes
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