Tex. Tax Code § 151.153 · Subchapter E. RESALE AND EXEMPTION CERTIFICATES
RESALE CERTIFICATE: COMMINGLED FUNGIBLE GOODS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
If a purchaser gives a resale certificate with respect to the purchase of fungible goods and then commingles the goods with other similar fungible goods for which a resale certificate was not given, sales from the mass of commingled fungible goods are deemed to be sales of goods covered by the resale certificate until the quantity of goods covered by the certificate equals the quantity of goods sold.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1554, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TX/htm/TX.151.htm
- Text hash
- sha256 5a15c852632290285036eaeef468cebd231d2f1d369a6260b42728df89f4188a
- 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.