Sec. 141.076. BIDS. (a) Sales of leases shall be made by sealed bids.
(b) The board is entitled to reject any and all bids, but if it accepts a bid, the bid must be determined by the board to be in the best interest of the State of Texas.
Acts 1977, 65th Leg., p. 2642, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Structure Texas Statutes
Title 5 - Geothermal Energy and Associated Resources
Chapter 141 - Geothermal Resources
Subchapter C. Powers and Duties of the Commissioner and Board
Section 141.071. General Authority of Commissioner
Section 141.072. Deposit of Fees
Section 141.073. Lease of Permanent School Fund Land
Section 141.074. Furnishing Lists of Land to Other Agencies
Section 141.075. Notice of Sale
Section 141.077. Leases and Permits for Governmental Agencies