Tex. Code Crim. Proc. art. 47.13 · Chapter 47. DISPOSITION OF STOLEN PROPERTY
PETROLEUM PRODUCT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this article, "petroleum product" means crude oil or condensate.
(b) Notwithstanding any other provision of this chapter, an officer who takes custody of a petroleum product alleged to have been stolen may arrange for the total amount of the petroleum product to be sold at a price that is equal to:
(1) in the case of crude oil, the price of the same quantity of West Texas Intermediate crude oil, as calculated based on that crude oil's closing price recorded on the New York Mercantile Exchange (NYMEX) on the date preceding the date of sale; or
(2) in the case of condensate, the price of the same quantity of natural gas liquids as calculated based on the U.S. natural gas liquid composite price recorded on the New York Mercantile Exchange (NYMEX) on the date preceding the date of sale.
(c) The proceeds of the sale may be deposited in the manner prescribed by Article 18.183 for seized money and disposed of in accordance with this chapter and Chapter 18.
(d) A law enforcement agency may contract with a private entity to sell a petroleum product in accordance with this article.
Notes and commentary — not statutory text
History
Added by Acts 2025, 89th Leg., R.S., Ch. 70 (S.B. 1806), Sec. 2, eff. September 1, 2025.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/CR/htm/CR.47.htm
- Text hash
- sha256 da8863078a798b9795e1582b007e88fd974d3206fb5e3df159ae8d822df36a95
- 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
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