Texas § AG.147.063 - FAILURE TO REMIT PROCEEDS OF SALE
Full text of Texas The Texas Constitution § AG.147.063 — FAILURE TO REMIT PROCEEDS OF SALE, with citation guidance and answers to common questions.
§ AG.147.063. FAILURE TO REMIT PROCEEDS OF SALE
FAILURE TO REMIT PROCEEDS OF SALE. (a) A person commits an offense if, as a livestock commission merchant, the person intentionally fails and refuses to remit the net proceeds of a sale of livestock in accordance with Section 147.004 of this code. (b) A person commits an offense if, as a livestock auction commission merchant, the person intentionally fails and refuses to remit the net proceeds of a sale of livestock in accordance with Section 147.004 of this code. (c) An offense under Subsection (a) of this section is a misdemeanor punishable by: (1) a fine of not less than $100 nor more than $1,000; (2) confinement in county jail for not less than 1 month nor more than 12 months; or (3) both fine and confinement under this subsection. (d) An offense under Subsection (b) of this section is a misdemeanor punishable by: (1) a fine of not less than $25 nor more than $100; (2) confinement in county jail for not more than 30 days; or (3) both fine and confinement under this subsection. Acts 1981, 67th Leg., p. 1383, ch. 388, Sec. 1, eff. Sept. 1, 1981. Amended by Acts 1983, 68th Leg., p. 995, ch. 235, art. 1, Sec. 5, eff. Sept. 1, 1983.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § AG.147.063
What does The Texas Constitution § AG.147.063 cover?
Section AG.147.063 ("FAILURE TO REMIT PROCEEDS OF SALE") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § AG.147.063?
A common citation format is "The Texas Constitution § AG.147.063" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § AG.147.063 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.