§ 6810 Mineral Lessee Acquisition Reimbursement
This law lets the state commission take ownership of buildings or improvements on land the state sold, but only if the oil‑or‑gas lease holder asks for it in writing and promises to pay the costs and give a security deposit.
A drilling company has a lease to extract oil from a piece of land the state sold, and there is a storage tank sitting on that land.
The company writes a letter to the commission asking the state to take over the tank. The commission can do so, but the company must agree to pay the state for the tank’s price and put up a security deposit as required.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 6810 Mineral Lessee Acquisition Reimbursement
Last verified: January 11, 2026