119.006 – INDEMNIFICATION. The University of Texas System,
Texas Natural Resources Code § 119.006
Summary
This law allows the University of Texas System and related entities to lease land for carbon dioxide storage from clean coal projects. It requires that these leases include adequate indemnification provisions to protect against potential liabilities.
Permits leasing of land for carbon dioxide storage.
Applies to the University of Texas System and related entities.
Leases must include adequate indemnification clauses.
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In simple terms: Learn about Texas's INDEMNIFICATION. The University of Texas System, law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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