Natural Resources Code § 51.068
The comptroller must split monthly land payments, depositing 90% to the proper probable fund and holding 10% in suspense until the commissioner gives notice; then the comptroller credits the full amount to the proper fund. The commissioner and comptroller must also keep fund accounts and retain the advices as permanent
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
Statute overview
About this statute
The comptroller must split monthly land payments, depositing 90% to the proper probable fund and holding 10% in suspense until the commissioner gives notice; then the comptroller credits the full amount to the proper fund. The commissioner and comptroller must also keep fund accounts and retain the advices as permanent records.
Ask AI about this statute
Natural Resources Code § 51.068
Sign in to ask AI about this statute
Sign in to start authenticated, citation-grounded statute research.
Sign inLexChat organizes source-backed legal information for research. Verify amendments, commencement, and current legal force with the official publisher before relying on it.