Texas § TX.111.102 - SETTLEMENT ON REDETERMINATION
Full text of Texas The Texas Constitution § TX.111.102 — SETTLEMENT ON REDETERMINATION, with citation guidance and answers to common questions.
§ TX.111.102. SETTLEMENT ON REDETERMINATION
SETTLEMENT ON REDETERMINATION. As a part of a redetermination order, the comptroller may settle a claim for a tax, penalty, or interest imposed by this title if: (1) collection of the total amount due would make the taxpayer insolvent and the taxpayer has submitted to the comptroller all financial records, including income tax reports and an inventory of all property owned wherever located; or (2) the taxpayer is insolvent, is in liquidation, or has ceased to do business and: (A) the taxpayer has no property that may be seized by the courts of this or another state; or (B) the value of the taxpayer's property is less than the total amount due and the amount of debts against the property. Acts 1981, 67th Leg., p. 1506, ch. 389, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1999, 76th Leg., ch. 459, Sec. 4, eff. Aug. 30, 1999.
Frequently Asked Questions About Texas § TX.111.102
What does The Texas Constitution § TX.111.102 cover?
Section TX.111.102 ("SETTLEMENT ON REDETERMINATION") 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 § TX.111.102?
A common citation format is "The Texas Constitution § TX.111.102" (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 § TX.111.102 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.