Section 76.018 - Location Rental Term; Renewal; Auction(a) The term of a rental lease for a location under this subchapter is 15 years.(b) The commission shall determine renewal procedures to follow at the end of each lease term. The procedures must include: (1) a determination that the lease renewal will be based on considerations specified in the oyster management plan; (2) payment of a $200 fee due on renewal of the lease; (3) a condition that the current leaseholder has the right to renew if the lease is renewed under this chapter; and (4) any other conditions for the lease renewal that do not conflict with this chapter. (c) The commission shall determine auction procedures for the issuance of a lease that is not renewed by the previous leaseholder under Subsection (b).Tex. Parks and Wild. § 76.018
Amended by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 250,Sec. 3, eff. 9/1/2023.Added by Acts 2001, 77th Leg., ch. 968, Sec. 43, eff. 9/1/2001.