Tex. Tax Code § 202.103
This is the official text of Tex. Tax Code § 202.103, part of Texas’s Tax Code — governs state and local taxation.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 202.103. SUBSEQUENT PURCHASER'S RECORDS.
Official statutory text
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.
(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.
Status: in_force · Read it on the official government site
Need a lawyer in Texas?
Find a Texas lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.