Sec. 17. POWERS OF BOARD. The Board shall adopt proper forms and regulations, rules and contracts as will in its best judgment protect the income from lands leased hereunder. A majority of the Board shall have power to act in all cases, except where otherwise herein provided. The Board may reject any and all bids and shall have the further right to withdraw any lands advertised for lease prior to receiving and opening bids. Any and all or parts of laws in conflict with this Act are hereby repealed.
Acts 1949, 51st Leg., p. 773, ch. 416. Amended by Acts 1963, 58th Leg., p. 1138, ch. 442, Sec. 4, eff. Aug. 23, 1963; Acts 1967, 60th Leg., p. 914, ch. 400, Sec. 8, eff. June 8, 1967.
Sec. 14 amended by Acts 1997, 75th Leg., ch. 1423, Sec. 21.58, eff. Sept. 1, 1997.
Sec. 15 amended by Acts 1997, 75th Leg., ch. 1423, Sec. 21.58, eff. Sept. 1, 1997.
Structure Texas Statutes
Article 6077o. Leasing for Oil and Gas
Section 1. Board for Lease of State Park Lands Created
Section 3. Survey and Subdivision; Abstracts of Title
Section 4. Advertisement for Bids
Section 6. Payments Accompanying Bids; Requisites of Bids
Section 8. Filing Bids; Discontinuance of Yearly Payments; Termination of Lease
Section 9. Rentals Not Payable During Drilling Operations; Discovery of Oil or Gas
Section 10. Duration of Rights; Assignment; Pipe Lines, Telephone Lines and Roads
Section 11. Payment of Royalty and Bonus; Sworn Statement; Inspection of Books and Accounts
Section 11a. Disposition of Money Received
Section 12. Protection From Drainage
Section 13. Forfeiture of Lease; Damages; Specific Performance; Lien of State
Section 14. Filing Papers; Payments; Appropriation and Expenditure
Section 14a. Park Lands Operated by Local Park Commissions
Section 15. Payment of Expenses