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Tex. Natural Resources Code § 53.070

REINSTATEMENT OF LEASE

Texas · Texas Natural Resources Code · Status: effective

Property & Real Estate
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Tex. Natural Resources Code § 53.070, REINSTATEMENT OF LEASE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/695280
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(a) If the owner of the forfeited lease complies with the provisions of this subchapter within 30 days after the declaration of forfeiture, the commissioner may reinstate the lease under the terms of this subchapter and other terms that he may prescribe. (b) If the lease is not reinstated within the 30-day period, the owner of the surface, as agent of the state, is entitled to lease the minerals.