Texas Education Code - Section 65.39. Management Of Lands Other Than Permanent University Fund Lands
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§ 65.39. MANAGEMENT OF LANDS OTHER THAN PERMANENT
UNIVERSITY FUND LANDS. The board of regents of The University of
Texas System has the sole and exclusive management and control of
the lands set aside and appropriated to, or acquired by, The
University of Texas System. The board may sell, lease, and
otherwise manage, control, and use the lands in any manner and at
prices and under terms and conditions the board deems best for the
interest of The University of Texas System, not in conflict with the
constitution. However, the land shall not be sold at a price less
per acre than that at which the same class of other public land may
be sold under the statutes. No grazing lease shall be made for a
period of more than 10 years.
Acts 1971, 62nd Leg., p. 3147, ch. 1024, art. 1, § 1, eff. Sept.
1, 1971.
Section: 65.32 65.33 65.34 65.35 65.36 65.37 65.38 65.39 65.40 65.41 65.42 65.43 65.45 65.46 66.01
Last modified: August 11, 2007
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