Sec. 53.023. IMMEDIATE LEASE. If the commissioner determines that a certain mineral is located on a state tract subject to prospect under this subchapter, a lease for that mineral may be issued immediately on the application for the prospect permit if the applicant identifies the mineral in the application and requests the immediate issuance of the lease.
Added by Acts 1985, 69th Leg., ch. 923, Sec. 20, eff. Aug. 26, 1985.
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