Tex. Tax Code § 151.258 · Subchapter G. SELLER'S AND RETAILER'S SECURITY
SALE OF SECURITY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If necessary to recover an amount of tax, penalty, or interest, the comptroller may sell security deposited under this subchapter. A sale shall be public and notice of the sale may be given personally or by mail to the person who deposited the security.
(b) If the notice is given by mail, the comptroller may send it to the last known address appearing in the records of the comptroller.
(c) Subject to the requirement of additional security required by Section 151.260 of this code, the comptroller shall return to the depositor any security remaining after the sale and after recovering the amount of tax, penalty, and interest due from the depositor.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1557, 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 044fa472266e8e2c0514b1d33ff647cbb1d859135a7635b9ec64bb51b118f346
- 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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