Sec. 151.153. RESALE CERTIFICATE: COMMINGLED FUNGIBLE GOODS. If a purchaser gives a resale certificate with respect to the purchase of fungible goods and then commingles the goods with other similar fungible goods for which a resale certificate was not given, sales from the mass of commingled fungible goods are deemed to be sales of goods covered by the resale certificate until the quantity of goods covered by the certificate equals the quantity of goods sold.
Acts 1981, 67th Leg., p. 1554, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Structure Texas Statutes
Subtitle E - Sales, Excise, and Use Taxes
Chapter 151 - Limited Sales, Excise, and Use Tax
Subchapter E. Resale and Exemption Certificates
Section 151.151. Resale Certificate
Section 151.152. Resale Certificate: Form
Section 151.153. Resale Certificate: Commingled Fungible Goods
Section 151.154. Resale Certificate: Liability of Purchaser
Section 151.155. Exemption Certificate
Section 151.1551. Registration Number Required for Timber and Certain Agricultural Items
Section 151.156. Tax-Free Purchases of Certain Exported Items
Section 151.157. Customs Brokers
Section 151.1575. Requirements Relating to Issuing Documentation Showing Exportation of Property
Section 151.158. Export Stamps