DecisionDepot
California legal research

Texas Natural Resources Code

§ 141.076 — BIDS

NR § 141.076Title 5. GEOTHERMAL ENERGY AND ASSOCIATED RESOURCES · Ch. 141. GEOTHERMAL RESOURCES · Art. C. POWERS AND DUTIES OF THE COMMISSIONER AND BOARD

Statute text

View on source
(a)Sales of leases shall be made by sealed bids.
(b)The board is entitled to reject any and all bids, but if it accepts a bid, the bid must be determined by the board to be in the best interest of the State of Texas.

Legislative history

Acts 1977, 65th Leg., p. 2642, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.

Source: Texas Natural Resources Code § 141.076 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.