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This page is available for comment and discussion regarding the page Article VII, Section 11 of the Texas Constitution.
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The Texas Supreme Court has interpreted article VII, section 11 to require that payments made under an oil and gas lease on land belonging to the Permanent University Fund are “proceeds” that become part of the Permanent University Fund.tO State ex rel. Attory Gen. v. Hatcher, 281 S.W. 192, 194 (Tex. 1926).