(a) A timber purchaser, as defined by § 151.101, who purchases timber on a pay-per-unit sale shall provide documentation to the beneficiary described by § 151.104 that proves delivery for any product delivered to a mill, wood yard, transfer yard, or storage yard.
(b) Documentation required under Subsection (a) must:
(1) include:
(A) a description of the delivered product;
(B) the name and location of the mill, wood yard, transfer yard, or storage yard to which the product was delivered;
(C) the site identification number or scale ticket number for the delivered product;
(D) the net weight of the delivered product;
(E) the name of the person delivering the product; and
(F) the name of the person or entity receiving payment for the product, if different from the person delivering the product; and
(2) be provided on or before the 45th day after the date the product is delivered.

Terms Used In Texas Natural Resources Code 151.0035

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
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