Texas § TX.202.103 - SUBSEQUENT PURCHASER'S RECORDS
Full text of Texas The Texas Constitution § TX.202.103 — SUBSEQUENT PURCHASER'S RECORDS, with citation guidance and answers to common questions.
§ TX.202.103. SUBSEQUENT PURCHASER'S RECORDS
SUBSEQUENT PURCHASER'S RECORDS. A subsequent purchaser shall keep accurate records in the state. The records must show: (1) the name and address of each person who sells oil to the subsequent purchaser, the number of barrels sold, the price paid to each seller, and the date of each sale; (2) the disposition of all oil purchased by the subsequent purchaser; (3) the number of barrels of oil used, refined, or processed by the subsequent purchaser; and (4) the name and address of each person who buys oil from the subsequent purchaser, the number of barrels sold or delivered to each buyer, the price received for the oil from each buyer, and the date of the sale or delivery. Acts 1981, 67th Leg., p. 1738, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Frequently Asked Questions About Texas § TX.202.103
What does The Texas Constitution § TX.202.103 cover?
Section TX.202.103 ("SUBSEQUENT 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.202.103?
A common citation format is "The Texas Constitution § TX.202.103" (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.202.103 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.