40 Tex. Admin. Code § 175.59

Current through Reg. 49, No. 45; November 8, 2024

Section 175.59 - Easements and Mineral Leases

A borrower may grant easements or rights of way, or execute mineral leases over or covering the land being purchased with a loan from the board. Borrower is liable to the board for any decrease in value of the land due to any grant of easement or lease of minerals by the borrower.

The provisions of this §175.59 adopted to be effective January 8, 2002, 27 TexReg 286; amended to be effective March 18, 2008, 33 TexReg 2319