Texas § ED.109.151 - MINERAL LEASES
Full text of Texas The Texas Constitution § ED.109.151 — MINERAL LEASES, with citation guidance and answers to common questions.
§ ED.109.151. MINERAL LEASES
MINERAL LEASES; DISPOSITION OF PROCEEDS. (a) The board may lease for oil, gas, sulphur, or other mineral development to the highest bidder at public auction all or part of the lands under the exclusive control of the board owned by the State of Texas and acquired for the use of Texas Tech University and its divisions. (b) Any money received by virtue of this section shall be deposited in a special fund managed by the board to be known as the Texas Tech University special mineral fund. Money in the fund is considered to be institutional funds, as defined by Section 51.009 , of the university and is to be used exclusively for the university. All deposits in and investments of the fund shall be made in accordance with
Frequently Asked Questions About Texas § ED.109.151
What does The Texas Constitution § ED.109.151 cover?
Section ED.109.151 ("MINERAL LEASES") 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.109.151?
A common citation format is "The Texas Constitution § ED.109.151" (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.109.151 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.