Texas § TX.154.047 - STAMPS SHIPPED WITH DRAFT ATTACHED
Full text of Texas The Texas Constitution § TX.154.047 — STAMPS SHIPPED WITH DRAFT ATTACHED, with citation guidance and answers to common questions.
§ TX.154.047. STAMPS SHIPPED WITH DRAFT ATTACHED
STAMPS SHIPPED WITH DRAFT ATTACHED. (a) A distributor may order stamps to be shipped to a bank with which the distributor regularly transacts business if the bank is a designated state depository under Section 404.022 , Government Code. The comptroller may ship the stamps to the bank with the invoice required by Section 154.046 and a form draft. (b) The comptroller shall prescribe the form of the draft. The draft must show: (1) the amount of the draft; (2) the name of the distributor; (3) the name and address of the bank; and (4) the date of shipment. (c) If the draft is not paid within 20 days after the date of the draft, the bank shall return the draft and stamps to the comptroller. The comptroller shall notify the distributor to appear before the comptroller to show cause why the distributor should not be denied the privilege of ordering stamps shipped with draft attached. If the distributor fails to show good cause, the comptroller may stop shipping stamps with draft attached. Acts 1981, 67th Leg., p. 1642, ch. 389, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1985, 69th Leg., ch. 89, Sec. 2, eff. Aug. 26, 1985; Acts 1991, 72nd Leg., ch. 409, Sec. 8, eff. June 7, 1991; Acts 1997, 75th Leg., ch. 1423, Sec. 19.23, eff. Sept. 1, 1997.
Frequently Asked Questions About Texas § TX.154.047
What does The Texas Constitution § TX.154.047 cover?
Section TX.154.047 ("STAMPS SHIPPED WITH DRAFT ATTACHED") 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.154.047?
A common citation format is "The Texas Constitution § TX.154.047" (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.154.047 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.