Sec. 52.019. TIE BIDS. (a) If the highest bid for an area is made by more than one applicant, all applications shall be rejected and the board shall set a date for lease of the area that shall not be later than the 15th day of the following month.
(b) The area will be subject to lease in the same manner as it was originally subject to lease.
(c) No bids for a lease shall be considered if the price is less than the highest bid offered in the original application.
Acts 1977, 65th Leg., p. 2446, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Structure Texas Statutes
Subtitle D - Disposition of the Public Domain
Subchapter B. Lease of Public School and Gulf Land
Section 52.011. Area Subject to Lease
Section 52.012. Conditions for Lease
Section 52.013. Determination of Lease Price and Delay Rentals
Section 52.014. Date for Lease and Notice
Section 52.017. Keeping and Opening Bids
Section 52.018. Void Application
Section 52.020. Return of Payments on Rejected Applications
Section 52.023. Lease Provisions for Drilling and Reworking
Section 52.024. Lease Provisions for Shut-in Oil or Gas Royalty and Compensatory Royalty
Section 52.026. Lease Transfer
Section 52.027. Lease Relinquishment
Section 52.028. Suspension of Lease Because of Litigation
Section 52.029. Forfeiture of Rights
Section 52.030. Refund of Lease Money in Certain Situations
Section 52.0301. Suspension of Terms of Lease in Certain Situations
Section 52.031. Extension of Lease by Commissioner
Section 52.032. Regulation of Development and Operations