Sec. 91.405. EXEMPTIONS. This subchapter does not apply to any royalties that are payable to:
(1) the board of regents of The University of Texas System under a lease of land dedicated to the permanent university fund; or
(2) the General Land Office as provided by Subchapter D, Chapter 52, of this code.
Added by Acts 1983, 68th Leg., p. 966, ch. 228, Sec. 1, eff. Sept. 1, 1983.
Structure Texas Statutes
Subtitle B - Conservation and Regulation of Oil and Gas
Chapter 91 - Provisions Generally Applicable
Subchapter J. Payment for Proceeds of Sale
Section 91.402. Time for Payment of Proceeds
Section 91.403. Payment of Interest on Late Payments
Section 91.404. Nonpayment of Oil and Gas Proceeds or Interest
Section 91.406. Attorney's Fees and Minimum Award
Section 91.407. Notice of Change of Payor
Section 91.408. Information for Payees of Proceeds of Production From Certain Gas Wells