Tex. Nat. Resources Code Section 89.028
Escrow Funds


(a)

Escrow funds described by Section 89.023 (Extension of Deadline for Plugging Inactive Well)(a)(3)(F) must be deposited with the commission each time an operator files an application for an extension of the deadline for plugging an inactive well.

(b)

Escrow funds deposited with the commission may be released only with the approval of the commission as prescribed by commission rule.
Added by Acts 2009, 81st Leg., R.S., Ch. 442 (H.B. 2259), Sec. 2, eff. September 1, 2009.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 562 (H.B. 3134), Sec. 7, eff. June 17, 2011.

Source: Section 89.028 — Escrow Funds, https://statutes.­capitol.­texas.­gov/Docs/NR/htm/NR.­89.­htm#89.­028 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 89.028’s source at texas​.gov