Payments on public school land received by the commissioner, including payments received as interest on the purchase of public school land, shall be transmitted to the comptroller to be credited to the permanent school fund.
Tex. Nat. Res. Code § 51.069
DISPOSITION OF PAYMENTS ON PUBLIC SCHOOL LAND
Acts 1977, 65th Leg., p. 2423, ch. 871, art
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.