Texas Natural Resources Code Chapter 112 – Used Oil Field Equipment Dealers
Current as of: 2023 | Check for updates
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Sections | ||
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Subchapter A | General Provisions | 112.001 – 112.002 |
Subchapter B | Sale of Used Equipment | 112.011 – 112.012 |
Subchapter C | Enforcement; Penalty | 112.031 – 112.033 |
Terms Used In Texas Natural Resources Code Chapter 112 - Used Oil Field Equipment Dealers
- Contract: A legal written agreement that becomes binding when signed.
- Conviction: A judgement of guilt against a criminal defendant.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
- Property: means real and personal property. See Texas Government Code 311.005
- Year: means 12 consecutive months. See Texas Government Code 311.005