Sec. 53.016. ISSUANCE OF LEASE. (a) After receipt of the bonus payment set by the commissioner, the lease shall be issued by the commissioner under the provisions of this subchapter and shall be for a primary term not to exceed 20 years and as long after that time as the minerals are produced in paying quantities.
(b) Any lease covering land adjacent to a military base shall require the lessee to forego the right to use the surface within 2,500 feet of the military base while exploiting the minerals. The commissioner may include in the lease any other provision the commissioner considers necessary for protection of the interests of the state.
Acts 1977, 65th Leg., p. 2470, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977. Amended by Acts 1983, 68th Leg., p. 5248, ch. 965, Sec. 11, eff. June 19, 1983; Acts 1993, 73rd Leg., ch. 897, Sec. 49, eff. Sept. 1, 1993; Acts 2003, 78th Leg., ch. 149, Sec. 15, eff. May 27, 2003.
Structure Texas Statutes
Subtitle D - Disposition of the Public Domain
Subchapter B. Prospect and Lease on State Land
Section 53.011. Land Subject to Prospect
Section 53.012. Application for Right to Prospect
Section 53.013. Conditions of Permit
Section 53.015. Application for Lease
Section 53.016. Issuance of Lease
Section 53.020. Assignment and Transfer
Section 53.021. Forfeiture of Lease
Section 53.023. Immediate Lease
Section 53.024. Penalty and Interest
Section 53.025. Lease Relinquishment
Section 53.026. In Kind Royalty