Sec. 71.202. DISPOSITION OF REAL PROPERTY. (a) Real property that escheats to the state under this title before January 1, 1985, becomes a part of the permanent school fund. Real property that escheats to the state on or after January 1, 1985, is held in trust by the Commissioner of the General Land Office for the use and benefit of the foundation school fund. The revenue from all leases, sales, and use of land held for the foundation school fund shall be deposited to the credit of the foundation school fund.
(b) Before the 91st day after the day on which a judgment that provides for the recovery of real property is rendered, the clerk of the district court rendering the judgment shall send to the Commissioner of the General Land Office:
(1) a certified copy of the judgment; and
(2) notice of any appeal of that judgment.
(c) The commissioner shall list real property as escheated foundation school fund land or permanent school land as appropriate when the commissioner receives:
(1) a certified copy of a judgment under which the property escheats to the state and from which appeal is not taken; or
(2) a certified copy of notice of the affirmance on appeal of a judgment under which the property escheats to the state.
Acts 1983, 68th Leg., p. 3589, ch. 576, Sec. 1, eff. Jan. 1, 1984. Amended by Acts 1984, 68th Leg., 2nd C.S., ch. 28, art. II, part B, Sec. 13, eff. Sept. 1, 1984.
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