Sec. 51.124. AWARD OF LEASE. (a) A lease shall be awarded to the highest responsible bidder.
(b) The lease shall be awarded under the rules and in the quantities the commissioner considers to be in the best interest of the state and not inconsistent with the equities of the occupant.
Acts 1977, 65th Leg., p. 2426, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977. Amended by Acts 1985, 69th Leg., ch. 624, Sec. 33, eff. Sept. 1, 1985.
Structure Texas Statutes
Subtitle D - Disposition of the Public Domain
Chapter 51 - Land, Timber, and Surface Resources
Section 51.121. Lease of Unsold Land
Section 51.122. Advertisement of Leases
Section 51.123. Lease Application
Section 51.124. Award of Lease
Section 51.125. Rejection of Bid or Offer to Lease
Section 51.126. Notification of Acceptance and Execution of Lease