Tex. Agric. Code § 148.025 · Subchapter C. PAYMENT FOR LIVESTOCK PURCHASED FOR SLAUGHTER
DAMAGES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A purchaser who fails to pay for livestock as provided by this subchapter or who artificially delays the collection of funds for the payment is liable to the seller of the livestock for the purchase price and:
(1) damages in an amount equal to 12 percent of the purchase price;
(2) interest on the purchase price at the highest legal rate from the transfer of possession until payment is made in accordance with this subchapter; and
(3) a reasonable attorney's fee for the prosecution of collection of the payment.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1387, ch. 388, Sec. 1, eff. Sept. 1, 1981.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/AG/htm/AG.148.htm
- Text hash
- sha256 12e26210bfcb6e216a264daa9e4981c51e9641ec62cb3237c5836ed9fddebdc9
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.