Tex. Prop. Code § 124.002

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 124.002 - Compulsory Divestment Prohibited

In a suit or other judicial proceeding the object or effect of which is to compel the partition of a mineral interest owned or claimed by a charitable trust, a sale or other action that would divest the charitable trust of the trust's ownership of a mineral interest may not be ordered unless the trust has refused to execute a mineral lease, the terms of which are fair and reasonable, to the plaintiff or petitioner in the proceeding.

Tex. Prop. Code § 124.002

Added by Acts 2013, 83rd Leg. - Regular Session, ch. 480,Sec. 1, eff. 6/14/2013.