Tex. Tax Code § 202.102
This is the official text of Tex. Tax Code § 202.102, part of Texas’s Tax Code — governs state and local taxation.
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§ 202.102. FIRST PURCHASER'S RECORDS.
Official statutory text
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.
(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.
Status: in_force · Read it on the official government site
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