Sec. 11.041. PERMANENT SCHOOL FUND. (a) In addition to land and minerals granted to the permanent school fund under the constitution and other laws of this state, the permanent school fund shall include:
(1) the mineral estate in river beds and channels;
(2) the mineral estate in areas within tidewater limits, including islands, lakes, bays, and the bed of the sea which belong to the state; and
(3) the arms and the beds and shores of the Gulf of Mexico within the boundary of Texas.
(b) The land and minerals dedicated to the permanent school fund shall be managed as provided by law.
Acts 1977, 65th Leg., p. 2352, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Section: Previous 11.013 11.0131 11.014 11.015 11.016 11.017 11.018 11.041 11.042 11.043 11.071 11.072 11.073 11.074 11.075 NextLast modified: September 28, 2016