Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 53.021 - Forfeiture of Lease(a) A lease is subject to forfeiture by act of the commissioner if: (1) the lessee fails or refuses to pay any amount which is due either as a lease payment or royalty;(2) the lessee or his authorized agent knowingly makes any false return or false report concerning the lease;(3) the lessee or his agent refuses the commissioner or his authorized representative access to the records or other data relating to operations under the lease; or(4) a material term of the lease is violated.(b) Any area forfeited under this section is subject to application for a permit under the same terms as the original application.Tex. Nat. Res. Code § 53.021
Acts 1977, 65th Leg., p. 2471, ch. 871, art. I, Sec. 1, eff. 9/1/1977.