Texas § TX.202.102 - FIRST PURCHASER'S RECORDS
Full text of Texas The Texas Constitution § TX.202.102 — FIRST PURCHASER'S RECORDS, with citation guidance and answers to common questions.
§ TX.202.102. FIRST PURCHASER'S RECORDS
FIRST PURCHASER'S RECORDS. 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. Acts 1981, 67th Leg., p. 1738, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Frequently Asked Questions About Texas § TX.202.102
What does The Texas Constitution § TX.202.102 cover?
Section TX.202.102 ("FIRST PURCHASER'S RECORDS") 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.202.102?
A common citation format is "The Texas Constitution § TX.202.102" (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.202.102 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.