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Subchapter A. Composition, Investment, and Use
Section 66.01. Permanent University Fund - Sec. 66.01. PERMANENT UNIVERSITY FUND. The composition, investment, purposes, and...
Section 66.02. Available University Fund - Sec. 66.02. AVAILABLE UNIVERSITY FUND. Distributions from the permanent university...
Section 66.04. Validity of Bonds Purchased by Board - Sec. 66.04. VALIDITY OF BONDS PURCHASED BY BOARD. Whenever the...
Section 66.05. Reports - Sec. 66.05. REPORTS. (a) Before December 1 of each year...
Section 66.06. Written Objectives; Performance Evaluation - Sec. 66.06. WRITTEN OBJECTIVES; PERFORMANCE EVALUATION. (a) The board of...
Section 66.07. Custody and Investment of Assets Pending Transactions - Sec. 66.07. CUSTODY AND INVESTMENT OF ASSETS PENDING TRANSACTIONS. With...
Section 66.08. Investment Management - Sec. 66.08. INVESTMENT MANAGEMENT. (a) The board may delegate investment...
Section 66.09. Cost Value of Investments and Other Assets of the Permanent University Fund - Sec. 66.09. COST VALUE OF INVESTMENTS AND OTHER ASSETS OF...
Subchapter B. Permanent University Fund Bonds and Notes
Section 66.21. Registration - Sec. 66.21. REGISTRATION. All bonds and notes issued pursuant to...
Section 66.22. Refunding Bonds and Notes - Sec. 66.22. REFUNDING BONDS AND NOTES. Any bonds or notes...
Section 66.23. Refunding Bonds and Notes: Approval; Registration - Sec. 66.23. REFUNDING BONDS AND NOTES: APPROVAL; REGISTRATION. All refunding...
Section 66.24. Authorized Investments; Security for Deposits - Sec. 66.24. AUTHORIZED INVESTMENTS; SECURITY FOR DEPOSITS. All bonds and...
Section 66.25. Tax Exempt - Sec. 66.25. TAX EXEMPT. The carrying out of the purposes...
Subchapter C. Management of University Lands
Section 66.41. Management of University Lands - Sec. 66.41. MANAGEMENT OF UNIVERSITY LANDS. The board of regents...
Section 66.42. Duty of Land Commissioner - Sec. 66.42. DUTY OF LAND COMMISSIONER. The commissioner of the...
Section 66.43. University Lands: Surveys; Personnel - Sec. 66.43. UNIVERSITY LANDS: SURVEYS; PERSONNEL. (a) The board of...
Section 66.44. Management of Minerals Other Than Oil and Gas - Sec. 66.44. MANAGEMENT OF MINERALS OTHER THAN OIL AND GAS....
Section 66.45. Soil and Water Conservation Plans - Sec. 66.45. SOIL AND WATER CONSERVATION PLANS. Under each lease...
Section 66.46. Easements on University Land - Sec. 66.46. EASEMENTS ON UNIVERSITY LAND. (a) The board of...
Subchapter D. Board for Lease of University Lands
Section 66.61. Definitions - Sec. 66.61. DEFINITIONS. In this subchapter: (1) "Board" means the...
Section 66.62. Board for Lease of University Lands - Sec. 66.62. BOARD FOR LEASE OF UNIVERSITY LANDS. (a) The...
Section 66.63. Certain Board Actions - Sec. 66.63. CERTAIN BOARD ACTIONS. (a) A majority of the...
Section 66.64. Powers and Duties of the Board - Sec. 66.64. POWERS AND DUTIES OF THE BOARD. (a) The...
Section 66.65. Board Staff; Exchange of Information With State Agencies - Sec. 66.65. BOARD STAFF; EXCHANGE OF INFORMATION WITH STATE AGENCIES....
Section 66.66. Lease Sales - Sec. 66.66. LEASE SALES. (a) Oil and gas leases shall...
Section 66.67. Lease Terms - Sec. 66.67. LEASE TERMS. (a) The oil and gas lease...
Section 66.68. Marginal Property Royalty Rates - Sec. 66.68. MARGINAL PROPERTY ROYALTY RATES. (a) In this section:...
Section 66.69. Award of Lease - Sec. 66.69. AWARD OF LEASE. (a) Except as otherwise provided...
Section 66.71. Lease Provisions - Sec. 66.71. LEASE PROVISIONS. (a) An oil and gas lease...
Section 66.72. Cessation of Production; Drilling and Reworking - Sec. 66.72. CESSATION OF PRODUCTION; DRILLING AND REWORKING. Each lease...
Section 66.73. Shut-in Royalty - Sec. 66.73. SHUT-IN ROYALTY. An oil and gas lease issued...
Section 66.74. Lease Extension or Suspension - Sec. 66.74. LEASE EXTENSION OR SUSPENSION. (a) At the expiration...
Section 66.75. Protection From Drainage; Compensatory Royalties - Sec. 66.75. PROTECTION FROM DRAINAGE; COMPENSATORY ROYALTIES. (a) The lessee...
Section 66.76. Assignment; Relinquishment - Sec. 66.76. ASSIGNMENT; RELINQUISHMENT. (a) Rights acquired in a lease...
Section 66.77. Royalty Payments and Reports - Sec. 66.77. ROYALTY PAYMENTS AND REPORTS. (a) Royalty as stipulated...
Section 66.78. Interest and Penalties - Sec. 66.78. INTEREST AND PENALTIES. (a) If royalty is not...
Section 66.79. Payment of Royalty in Kind - Sec. 66.79. PAYMENT OF ROYALTY IN KIND. (a) An oil...
Section 66.80. Records - Sec. 66.80. RECORDS. (a) The lessee shall provide to the...
Section 66.81. Audit Information Confidential - Sec. 66.81. AUDIT INFORMATION CONFIDENTIAL. (a) All documents and information...
Section 66.82. Forfeiture; Other Remedies - Sec. 66.82. FORFEITURE; OTHER REMEDIES. (a) If a lessee fails...
Section 66.83. Lien; Abandoned Personal Property - Sec. 66.83. LIEN; ABANDONED PERSONAL PROPERTY. (a) The board of...
Section 66.84. Payments; Disposition - Sec. 66.84. PAYMENTS; DISPOSITION. Payments under this subchapter shall be...