Opinion No.

Mr. Earl Hale Deputy Commissioner Texas Savings and Loan Department 3601 North Lamar, Suite 201 Austin, Texas 78705

Re: Applicability of open beach disclosure requirements, section61.025 of the Natural Resources Code, to certain activities of savings and loan associations (RQ-1092)

Dear Deputy Commissioner Hale:

Section 61.025 of the Natural Resources Code was enacted in 1985 and provides that a person who sells or conveys an interest, other than a mineral, leasehold, or security interest, in real property located essentially seaward of the Gulf Intracoastal Waterway must provide a specified…