Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 53.153 - Conditions of Lease(a) Coal, lignite, sulphur, salt, and potash may be leased together or separately.(b) A lease granted under this subchapter shall be for a primary term not to exceed 20 years and as long after that time as the minerals are produced in paying quantities.Tex. Nat. Res. Code § 53.153
Amended by Acts 1993, 73rd Leg., ch. 897, Sec. 62, eff. 9/1/1993.Added by Acts 1979, 66th Leg., p. 49, ch. 29, Sec. 1, eff. 4/3/1979.