Tex. Educ. Code Section 85.65
Rights of Purchaser; Assignment; Relinquishment

(a)

Title to all rights purchased may be held by the owners as long as the area produces oil, gas, sulphur, mineral ore, and other minerals in paying quantities.

(b)

All rights purchased may be assigned. All assignments shall be filed in the general land office as prescribed by rule, accompanied by 10 cents per acre for each acre assigned and the filing fee as prescribed by rule. An assignment shall not be effective unless filed as required by rule. An assignment shall not relieve the assignor of any liabilities or obligations incurred prior to the assignment.

(c)

All rights to all or any part of a leased tract may be released to the state at any time by recording a release instrument in the county or counties in which the tract is located. Releases must also be filed with the chairman of the board and the general land office, accompanied by the filing fee prescribed by rule. A release shall not relieve the owner of any obligations or liabilities incurred prior to the release.

(d)

The board shall authorize the laying of pipeline, telephone line, and the opening of roads as deemed reasonably necessary for and incident to the purpose of this subchapter.

Acts 1971, 62nd Leg., p. 3199, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971. Amended by Acts 1987, 70th Leg., ch. 948, Sec. 35, eff. Sept. 1, 1987.

Source: Section 85.65 — Rights of Purchaser; Assignment; Relinquishment, https://statutes.capitol.texas.gov/Docs/ED/htm/ED.85.htm#85.65 (accessed Jun. 5, 2024).

85.01
Definitions 85.11
Board of Regents 85.12
Qualifications 85.13
Certificate of Appointment 85.14
Chairman of Board 85.15
Expenses of Regents 85.16
Seal 85.17
System Central Administration Office 85.18
Mandatory Venue 85.21
General Powers and Duties 85.22
Expenditures 85.23
Permanent Improvements 85.24
Utilities 85.25
Lands and Mineral Interests 85.26
Leases and Easements 85.27
Flood Control Easements 85.28
Airports 85.29
Research and Experimentation for Texas Department of Transportation 85.30
Donations and Trusts 85.31
Funds Received for Trust Services 85.32
Eminent Domain 85.51
Authority to Lease 85.52
Sale of Mineral Ore in Place 85.53
Tracts, Lots, Blocks 85.54
Placing Leases on Market 85.55
Public Auction 85.56
Subsequent Procedure if No Bids Accepted 85.57
Withdrawal of Land Advertised 85.58
Acceptance of Bids 85.59
Exploratory Term 85.60
Discontinuance of Yearly Payments 85.61
Operations Under Lease: Effect on Rental Payments, Term of Lease 85.62
Proration or Reduction of Production 85.63
Interference with Surface Uses 85.64
Protection from Drainage 85.65
Rights of Purchaser 85.66
Royalty Payments 85.67
Forfeiture 85.68
Filing of Records 85.69
Payments 85.70
Certain Mineral Leases 85.71
Forms

Accessed:
Jun. 5, 2024

§ 85.65’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._educ._code_section_85.65

Original Source: Section 85.65 — Rights of Purchaser; Assignment; Relinquishment, https://statutes.capitol.texas.gov/Docs/ED/htm/ED.85.htm#85.65 (last accessed Jun. 5, 2024).