Texas Administrative Code
Title 31 - NATURAL RESOURCES AND CONSERVATION
Part 4 - SCHOOL LAND BOARD
Chapter 154 - LAND SALES, ACQUISITIONS, AND TRADES
Section 154.21 - Trade Fee
Universal Citation: 31 TX Admin Code ยง 154.21
Current through Reg. 49, No. 12; March 22, 2024
The General Land Office shall charge a trade fee to participants involved in a land trade of permanent school fund property with the School Land Board. The fee shall be assessed at the time of closing the transaction and shall be 1 1/2% of the appraised value of the particular state tract acquired by the participant in the trade. The School Land Board may waive all or a part of this fee.
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