Texas § NR.32.1072 - MINIMUM ROYALTY, BONUS, AND RENTAL
Full text of Texas The Texas Constitution § NR.32.1072 — MINIMUM ROYALTY, BONUS, AND RENTAL, with citation guidance and answers to common questions.
§ NR.32.1072. MINIMUM ROYALTY, BONUS, AND RENTAL
MINIMUM ROYALTY, BONUS, AND RENTAL. The board may not accept a bid on an oil and gas lease that offers: (1) a royalty of less than one-eighth of the gross production of oil and gas; or (2) a cash bonus of less than $10 an acre. Added by Acts 1985, 69th Leg., ch. 624, Sec. 22, eff. Sept. 1, 1985. Amended by Acts 1993, 73rd Leg., ch. 897, Sec. 11, eff. Sept. 1, 1993.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § NR.32.1072
What does The Texas Constitution § NR.32.1072 cover?
Section NR.32.1072 ("MINIMUM ROYALTY, BONUS, AND RENTAL") 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 § NR.32.1072?
A common citation format is "The Texas Constitution § NR.32.1072" (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 § NR.32.1072 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.