Natural Resources Code › Title 2 › Chapter 71 › Subchapter A

Texas Natural Resources Code § 71.007

Rejection of Bids and Additional Bids

Lease for Mineral Development · Leases by Political Subdivisions

If the governing body believes that the bids submitted to it do not represent the fair value of the leases, the governing body may reject the bids, give notice, and call for additional bids.

Official text of the Texas Natural Resources Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1977, 65th Leg., p. 2505, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.