Tex. Tax Code § 202.102 · Subchapter C. RECORDS
FIRST PURCHASER'S RECORDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A first purchaser shall keep accurate records in the state. The records must show:
(1) the name and address of each producer from which the first purchaser buys oil;
(2) for each producer, the counties where the oil is produced;
(3) for each producer, the name of the lease from which the oil is produced;
(4) the number of barrels of oil purchased from each producer and the price paid each producer for the oil;
(5) the number of barrels purchased and used, refined, or processed by the first purchaser; and
(6) for each sale to a subsequent purchaser, the name and address of the subsequent purchaser, the number of barrels sold, and the price received for the oil.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1738, 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.202.htm
- Text hash
- sha256 1bd17968501de11e3ab7ec00652b881c2181ecaa02d84662e14b5fa3af5bd06c
- 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.