Texas § ED.95.36 - MANAGEMENT AND LEASE OF LAND
Full text of Texas The Texas Constitution § ED.95.36 — MANAGEMENT AND LEASE OF LAND, with citation guidance and answers to common questions.
§ ED.95.36. MANAGEMENT AND LEASE OF LAND
MANAGEMENT AND LEASE OF LAND. (a) The board may lease for oil, gas, sulphur, ore, and other mineral development all land under its control. The board may make and enter into pooling agreements, division orders, or other contracts necessary in the management and development of its land. All leases, pooling agreements, division orders, or other contracts entered into shall be on terms which the board deems in the best interest of the system and the system universities. No lease shall be sold for less than the royalty and rental terms demanded at that time by the General Land Office in the sale of oil, gas, and other mineral leases of the public lands of the State of Texas. (b) Except as provided in Subsection (c) of this section, any money received by virtue of this section and the income from the investment of such money shall be deposited in a special fund managed by the board to be known as the Texas State University System special mineral fund. Money in the fund is considered to be institutional funds, as defined by Section 51.009 , of the system and its component institutions and is to be used exclusively for those entities. All deposits in and investments of the fund shall be made in accordance with
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § ED.95.36
What does The Texas Constitution § ED.95.36 cover?
Section ED.95.36 ("MANAGEMENT AND LEASE OF LAND") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § ED.95.36?
A common citation format is "The Texas Constitution § ED.95.36" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § ED.95.36 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.