Texas § ED.109.170 - MANAGEMENT OF SURFACE AND MINERAL ESTATES
Full text of Texas The Texas Constitution § ED.109.170 — MANAGEMENT OF SURFACE AND MINERAL ESTATES, with citation guidance and answers to common questions.
§ ED.109.170. MANAGEMENT OF SURFACE AND MINERAL ESTATES
MANAGEMENT OF SURFACE AND MINERAL ESTATES. (a) The board may lease for oil, gas, sulphur, ore, water, and other mineral development all land under its exclusive control for the use of the university. The board may make and enter into pooling agreements, division orders, or other contracts necessary in the management and development of its land. (b) All leases, pooling agreements, division orders, or other contracts entered into by the board shall be on terms that the board considers in the best interest of the university. The board may not sell a lease for less than the royalty and rental terms demanded at that time by the General Land Office in connection with the sale of oil, gas, and other mineral leases of the public lands of this state. (c) All money received under the leases and contracts executed for the management and development of the land, except revenue pledged to the payment of revenue bonds or notes, shall be deposited to the credit of a special fund created by the board. The board shall designate a depository for the special fund and protect the money deposited in it by the pledging of assets of the depository in the same manner as is required for the protection of public funds. Money deposited in the special fund may be used by the board for the administration of the university, for payment of principal of and interest on revenue bonds or notes issued by the board, and for any other purpose that in the judgment of the board may be for the good of the university. Amended by: Acts 2015, 84th Leg., R.S., Ch. 1173 (S.B. 907 ), Sec. 9, eff. June 19, 2015. SUBCHAPTER E. TEXAS PRODUCED WATER CONSORTIUM
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § ED.109.170
What does The Texas Constitution § ED.109.170 cover?
Section ED.109.170 ("MANAGEMENT OF SURFACE AND MINERAL ESTATES") 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.109.170?
A common citation format is "The Texas Constitution § ED.109.170" (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.109.170 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.