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Texas Natural Resources Code - Chapter 151 Provisions Generally ApplicableLegal Research Home > Texas Lawyer > Natural Resources Code > Texas Natural Resources Code - Chapter 151 Provisions Generally Applicable Before purchasing or accepting delivery of any trees, timber, logs, pulpwood, or in-woods chips, a seller shall provide and a purchaser shall require a bill ... (a) The bill of sale, which may be filed of record in the appropriate real property records, shall at a minimum include: (1) the name ... A person that purchases trees, timber, logs, pulpwood, or in-woods chips shall retain the bill of sale for not less than two years following the ... At each designated point of delivery for trees, timber, logs, pulpwood, or in-woods chips, a wood yard, transfer yard, mill site, or storage yard shall ... (a) A seller or purchaser who knowingly fails to provide, obtain, or retain a bill of sale as required by Sections 151.001, 151.002, and 151.003 ... This subchapter does not apply to the sale of: (1) finished wood products; (2) logs or pulpwood from a wood yard, transfer yard, mill site, ... A penalty provided by this subchapter is in addition to a penalty provided under other law. Added by Acts 2001, 77th Leg., ch. 532, § ... Nothing in this subchapter shall be construed to affect the liability under any other statute or under common law, provided that failure to comply with ... (a) A person who harvests standing timber with knowledge that the harvesting is without the permission of the owner of the standing timber and a ... In this subchapter, "timber purchaser" means a person who purchases standing timber for harvest. Added by Acts 1997, 75th Leg., ch. 562, § 1, eff. ... Money a timber purchaser collects for harvested timber is trust money. Added by Acts 1997, 75th Leg., ch. 562, § 1, eff. Sept. 1, 1997. ... A timber purchaser and each officer, director, partner, or agent of a timber purchaser are trustees of trust money. Added by Acts 1977, 75th Leg., ... Each seller of standing timber is a beneficiary of trust money to the extent of the beneficiary's share of the purchase price for the timber. ... (a) A trustee commits an offense if the trustee, knowingly or with intent to defraud, directly or indirectly retains, uses, disperses, or otherwise diverts more ... It is an affirmative defense to prosecution under this section that: (1) the trustee paid the beneficiaries all trust money to which the beneficiaries were ... If conduct constituting an offense under Section 151.105 is an offense under another law of this state, the state may elect the offense for which ... Last modified: August 10, 2007 |