Tex. Nat. Res. Code § 11.041

PERMANENT SCHOOL FUND

Applied in 2 court decisions — leading case Matagorda County Appraisal District v. Conquest Exploration Co. (1990)

Most recently applied in Jimmy Glen Riemer v. the State of Texas and Jerry Patterson, as Commissioner of the General Land Office of the State of Texas (February 2013)

Acts 1977, 65th Leg., p. 2352, ch. 871, art

(a) In addition to land and minerals granted to the permanent school fund under the constitution and other laws of this state, the permanent school fund shall include:

(1) the mineral estate in river beds and channels;

(2) the mineral estate in areas within tidewater limits, including islands, lakes, bays, and the bed of the sea which belong to the state; and

(3) the arms and the beds and shores of the Gulf of Mexico within the boundary of Texas.

(b) The land and minerals dedicated to the permanent school fund shall be managed as provided by law.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.