Tex. Tax Code § 202.103 — 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.