Texas § CR.47.13 - PETROLEUM PRODUCT

Full text of Texas The Texas Constitution § CR.47.13 — PETROLEUM PRODUCT, with citation guidance and answers to common questions.

§ CR.47.13. PETROLEUM PRODUCT

PETROLEUM PRODUCT. (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. Added by Acts 2025, 89th Leg., R.S., Ch. 70 (S.B. 1806 ), Sec. 2, eff. September 1, 2025.

Frequently Asked Questions About Texas § CR.47.13

What does The Texas Constitution § CR.47.13 cover?

Section CR.47.13 ("PETROLEUM PRODUCT") 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 § CR.47.13?

A common citation format is "The Texas Constitution § CR.47.13" (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 § CR.47.13 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.