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Texas Natural Resources Code

§ 142.005 — TEXT OF COMPACT

NR § 142.005Title 5. GEOTHERMAL ENERGY AND ASSOCIATED RESOURCES · Ch. 142. NATURAL ENERGY AND WATER RESOURCES COMPACT

Statute text

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The compact reads as follows: Article I. The states of Arkansas, Louisiana, New Mexico, Oklahoma, and Texas are eligible to ratify this compact. When three of those states have ratified it, the compact takes effect as to those three states. It takes effect as to others of them when they ratify it. Article II. (a) The purposes of this compact are to:
(1)provide for the conservation and wise utilization of natural energy and water resources by party states;
(2)establish the relative importance of different types of natural energy and water resources being used;
(3)promote comity among the party states and remove causes of present and future controversies;
(4)foster the expeditious development of agriculture and industry in the party states; and
(5)give priority to the exchange of natural energy and water resources among the party states.

Legislative history

Added by Acts 1979, 66th Leg., p. 2001, ch. 785, Sec. 4, eff. June 13, 1979.

Source: Texas Natural Resources Code § 142.005 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.