Tex. Natural Resources Code § 91.108
This is the official text of Tex. Natural Resources Code § 91.108, part of Texas’s Natural Resources Code — governs land, minerals, and natural resource management.
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§ 91.108. DEPOSIT AND USE OF FUNDS.
Official statutory text
Subject to the refund provisions of Section 91.1091, if applicable, proceeds from bonds and other financial security required pursuant to this chapter and benefits under well-specific plugging insurance policies described by Section 91.104(c) that are paid to the state as contingent beneficiary of the policies shall be deposited in the oil and gas regulation and cleanup fund and, notwithstanding Sections 81.068 and 91.113, may be used only for actual well plugging and surface remediation.
Status: in_force · Read it on the official government site
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