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Legal Citations
- Natural Resources Code sec. 51.246
Object Type
Cash — Natural Resources
Origin Date
1939 by the 46th Leg.
Description
If the area of a tract of land that is titled or patented exceeds the quantity provided in the title or patent and if under the existing law the title to all or part of the tract may be affected by the existence of the excess acreage, the person who owns the survey or portion of the survey or has an interest in it may pay for the total excess acreage in the survey or the total excess in a given tract out of the patented or titled survey at the price fixed by the School Land Board.
Due Date
At time of sale.
Collecting Agencies
Agency that collected on the original sale.
Deposit Funds
Fund or account to which original sale proceeds were deposited.
Note
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | LAND SALES |
| Receipt Category | 08 – Natural Resources |
| Receipt Type | 80 – Land Income |
| Object Group | 26 – Other Financing Uses/Sources |
| USAS Status | A |
| Rev/Exp Category | 04 – LAND INCOME |