Texas Education Code - Section 11.153. Sale Of Minerals
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§ 11.153. SALE OF MINERALS. (a) Minerals in land
belonging to an independent school district may be sold to any
person under this section.
(b) The sale must be authorized by a resolution adopted by
majority vote of the board of trustees of the school district.
(c) After adoption of a resolution under Subsection (b), the
president of the board of trustees may execute an oil or gas lease
or sell, exchange, and convey the minerals. The mineral deed or
lease must recite the approval of the resolution of the board
authorizing the sale.
Added by Acts 1995, 74th Leg., ch. 260, § 1, eff. May 30, 1995.
Section: 11.061 11.062 11.063 11.064 11.065 11.151 11.152 11.153 11.154 11.1541 11.155 11.156 11.157 11.158 11.159
Last modified: August 10, 2007
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