34 Tex. Admin. Code § 13.8 - Certain Mineral Proceeds; Supporting Documentation Required
(a) For mineral proceeds reported to the
comptroller as having an unknown or unidentified owner, a person making a claim
for the mineral proceeds must, in addition to the requirements of §
13.6 of this title (relating to
Minimum Requirements for a Claim), include documentation demonstrating that the
claimant either:
(1) was the owner of the
underlying mineral interest or had an interest, whether possessory or
non-possessory, in the mineral proceeds at the time the minerals were produced;
or
(2) is the legal heir or
successor in title of the person who was the owner of the underlying mineral
interest, whether possessory or non-possessory, or who had an interest in the
mineral proceeds at the time the minerals were produced.
(b) The comptroller may require a person
claiming mineral proceeds under this section to provide a final judgment in an
action to quiet title, as to all potential owners or claimants of the
underlying mineral interest, issued by a court of competent jurisdiction in the
county in which each mineral interest is located.
(c) For a claim made under this section, the
comptroller may require additional documentation as may be appropriate under
the circumstances, including information about heirship and transfer of
property by probate proceedings, deed, or other method of conveyance.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.