Tex. Nat. Resources Code Section 53.154
Royalty Rate


The board shall set the royalty rate on production of sulphur, coal, lignite, salt, and potash from land leased under this subchapter. The royalty rate set must be at least one-eighth of the gross production or the market value of the sulphur produced and at least one-sixteenth of the gross production or the market value of the coal, lignite, salt, and potash produced.
Added by Acts 1979, 66th Leg., p. 49, ch. 29, Sec. 1, eff. April 3, 1979. Amended by Acts 1993, 73rd Leg., ch. 897, Sec. 63, eff. Sept. 1, 1993.

Source: Section 53.154 — Royalty Rate, https://statutes.­capitol.­texas.­gov/Docs/NR/htm/NR.­53.­htm#53.­154 (accessed Jun. 5, 2024).

53.001
Definitions
53.011
Land Subject to Prospect
53.012
Application for Right to Prospect
53.013
Conditions of Permit
53.015
Application for Lease
53.016
Issuance of Lease
53.018
Royalty
53.019
Payments
53.020
Assignment and Transfer
53.021
Forfeiture of Lease
53.022
Effect of Subchapter
53.023
Immediate Lease
53.024
Penalty and Interest
53.025
Lease Relinquishment
53.026
In Kind Royalty
53.027
Contracts and Agreements
53.028
Audit Information Confidential
53.061
Authority to Lease Certain Minerals
53.062
Lease of Minerals Separately and Together
53.063
Forms
53.064
Prerequisites for Effectiveness of Lease
53.065
Payments Under Lease
53.066
Damages to Surface
53.067
Payment Procedure
53.068
Production Report and Records
53.069
Forfeiture of Lease
53.070
Reinstatement of Lease
53.071
Lien
53.072
Effect of Certain Laws
53.073
Certain Minerals and Laws Exempt from Subchapter
53.074
Authority and Duties of Agent
53.075
Assignment and Transfer
53.076
Lease Relinquishment
53.077
In Kind Royalty
53.078
Penalty and Interest
53.079
Contracts and Agreements
53.080
Audit Information Confidential
53.081
Lease by Owner of the Soil
53.111
Authority to Operate an Area as a Unit for Production of Sulphur
53.112
Approval of Certain Agreements by School Land Board
53.113
Approval of Agreements
53.114
Commissioner’s Approval
53.115
Provisions of Agreement
53.116
Application to University Land
53.117
Construction of Subchapter
53.118
Ratifications and Other Agreements
53.151
Lease of Certain Areas
53.152
Laws Applicable to Leases
53.153
Conditions of Lease
53.154
Royalty Rate
53.155
Compensation for Damages from Use of Surface
53.156
Contracts and Agreements
53.161
Definitions
53.162
Permit Required for Exploration
53.163
Laws Applicable to Permits
53.1631
Groundwater

Accessed:
Jun. 5, 2024

§ 53.154’s source at texas​.gov