Texas Natural Resources Code 51.307 – Reservation of Mineral Rights
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Terms Used In Texas Natural Resources Code 51.307
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Mineral rights together with the right to explore for, produce, and market the minerals in land granted as an easement under § 51.304 of this code shall be reserved to the state and shall be subject to lease for minerals in the same manner as other unsold public school land.