Legal Opinion
Opinion No.
Texas Attorney General Reports
Decided January 28, 1992Published
1Opinion of the Court
Honorable Burton B. LeTulle Chairman, Board of Directors Lower Colorado River Authority P. O. Box 220 Austin, Texas 78767
Re: Whether "working interests" owned by the Lower Colorado River Authority in oil and gas wells in Fayette County are subject to ad valorem taxation (RQ-2163)
Dear Mr. LeTulle:
You have requested our opinion as to whether "working interests" owned by the Lower Colorado River Authority (hereinafter LCRA) in oil and gas wells in Fayette County are subject to ad valorem taxation. You explain that a "working interest" is "generally synonymous with the term leasehold interest.…
2Cases cited9 opinions
- Getty Oil Company v. JonesTexas Supreme Court · 1971
- Lower Colorado River Authority v. Chemical Bank & Trust Co.Texas Supreme Court · 1945
- Gulf Oil Corp. v. Marathon Oil Co.Texas Supreme Court · 1941
- Shell Oil Co., Inc. v. HowthTexas Supreme Court · 1942
- Satterlee v. Gulf Coast Waste Disposal AuthorityTexas Supreme Court · 1978
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