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Governance
Governance
UT SYSTEM BOARD OF REGENTS
The University of Texas System Board of Regents manages the strategic direction, development activities and stewardship of the Permanent University Fund (PUF) Lands.
UT SYSTEM ADMINISTRATION
The University of Texas System Administration is responsible for operations at all UT educational and health institutions. University Lands is a part of the UT System Administration Business Affairs division.
BOARD FOR LEASE OF UNIVERSITY LANDS
BFL 2 UT Regents 1 Texas A&M Regent
The Board for Lease of University Lands, chaired by the Commissioner of the Texas General Land Office, provides statutory oversight and governance for agreements to develop oil and gas located under PUF Lands.
UNIVERSITY LANDS ADVISORY BOARD
ULAB 5 UT Representatives 3 Texas A&M Representatives Texas Land Commissioner
The University Lands Advisory Board (ULAB) is charged with providing guidance to the University Lands leadership team to help determine strategy and provide guidance and recommendations to the UT System Board of Regents to ensure responsible stewardship of PUF Lands. ULAB members are appointed by both the University of Texas and Texas A&M University Systems and includes a standing position for the Texas Land Commissioner.
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