Sec. 91.108. DEPOSIT AND USE OF FUNDS. Subject to the refund provisions of Section 91.1091, if applicable, proceeds from bonds and other financial security required pursuant to this chapter and benefits under well-specific plugging insurance policies described by Section 91.104(c) that are paid to the state as contingent beneficiary of the policies shall be deposited in the oil and gas regulation and cleanup fund and, notwithstanding Sections 81.068 and 91.113, may be used only for actual well plugging and surface remediation.
Added by Acts 1983, 68th Leg., p. 5258, ch. 967, Sec. 6, eff. Sept. 1, 1983. Amended by Acts 1991, 72nd Leg., ch. 603, Sec. 15, eff. Sept. 1, 1991; Acts 2001, 77th Leg., ch. 1233, Sec. 28, eff. Sept. 1, 2001.
Amended by:
Acts 2005, 79th Leg., Ch. 489 (H.B. 380), Sec. 5, eff. June 17, 2005.
Acts 2011, 82nd Leg., 1st C.S., Ch. 4 (S.B. 1), Sec. 19.16, eff. September 28, 2011.
Structure Texas Statutes
Subtitle B - Conservation and Regulation of Oil and Gas
Chapter 91 - Provisions Generally Applicable
Subchapter D. Prevention of Pollution
Section 91.101. Rules and Orders
Section 91.101. Rules and Orders
Section 91.1011. Oil and Gas Waste
Section 91.1011. Oil and Gas Waste
Section 91.1012. Access to Property and Records
Section 91.1013. Application Fees
Section 91.1015. Groundwater Protection Requirements
Section 91.1017. Location of Certain Pits
Section 91.102. Additional Personnel
Section 91.103. Persons Required to Execute Bond, Letter of Credit, or Cash Deposit
Section 91.1041. Individual Bond
Section 91.105. Bond Conditions
Section 91.106. Execution of Bond
Section 91.107. New Bond, Letter of Credit, or Cash Deposit
Section 91.108. Deposit and Use of Funds
Section 91.109. Financial Security for Persons Involved in Activities Other Than Operation of Wells
Section 91.110. Oil and Gas Waste Reduction and Minimization
Section 91.113. Investigation, Assessment, or Cleanup by Commission
Section 91.1131. Risk Assessment Standards
Section 91.1132. Prioritization of High-Risk Wells
Section 91.115. First Lien on Equipment and Stored Hydrocarbons or Drill Cuttings
Section 91.116. Notice of Commercial Surface Disposal Facility Permit Application