Tex. Natural Resources Code § 32.2015
FUND
Texas · Texas Natural Resources Code · Status: effective
Cite this
- Citation
- Tex. Natural Resources Code § 32.2015, FUND, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/694777
- Permanent ID
ys:prov:694777@1- SHA-256
910267b556235a14b7abf2027298ab202b30f36aa4ca39754c68a6cb831c6ba5
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) The county road oil and gas fund is a trust fund outside the state treasury to be held and administered by the comptroller as trustee for the payment, without appropriation, to counties of money received from the leasing of oil and gas under lands owned by the state that were or may be acquired by a county to construct a county road.
(b) The land office shall deposit to the credit of the fund money received under Section 32.201(i) from the leasing of oil and gas under lands owned by the state that were or may be acquired by a county to construct a county road.
(c) Interest or other income from investment of the fund shall be deposited to the credit of the fund.
(d) Money in the fund received from the leasing of oil and gas under lands described by Subsection (b) located in a county, together with the interest or other income from investment of that money deposited to the credit of the fund, shall be disbursed at least twice each fiscal year, without appropriation, to the county treasurer or officer performing the function of that office. The county treasurer or officer shall deposit amounts received under this subsection to the credit of the county road and bridge fund of the county. Money deposited to the credit of that fund under this subsection may be used by the county only for road maintenance purposes.