Sec. 151.259. SECURITY INSUFFICIENT TO PAY TAX. (a) If payment of the tax due is not made and the forfeiture of the security does not satisfy the delinquency, the comptroller shall suspend or revoke the permit or registration of the taxpayer as provided by Section 151.203 of this code.
(b) If the permit or registration is suspended, the comptroller shall certify to the attorney general the amount of taxes, penalties, and interest delinquent under this chapter.
(c) A permit or registration revoked or suspended under this section may not be reinstated until all taxes, penalties, and interest have been paid and another security is filed with the comptroller. The comptroller shall set the amount of the security subject only to the maximum amounts provided by Section 151.253(b) of this code.
Acts 1981, 67th Leg., p. 1558, 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 G. Seller's and Retailer's Security
Section 151.251. Security Required
Section 151.252. Temporary Permit
Section 151.253. Security: Requirements
Section 151.254. Exemption From Filing Security
Section 151.256. Failure to Provide Security: Loss of Permit
Section 151.257. Forfeiture of Security: Determination
Section 151.258. Sale of Security
Section 151.259. Security Insufficient to Pay Tax
Section 151.260. Security Sufficient to Pay Tax