Texas Statutes
§ 202.053 — MARKET VALUE.
Texas § 202.053
JurisdictionTexas
Code TXTax Code
This text of Texas § 202.053 (MARKET VALUE.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Tax Code Code Ann. § 202.053 (2026).
Text
Sec. 202.053. MARKET VALUE. The market value of oil is the actual market value plus any bonus, premium, or other thing of value paid for the oil or that the oil will reasonably bring if lawfully produced.
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Related
Lee M. Bass, Inc. v. Shell Western E & P, Inc.
957 S.W.2d 159 (Court of Appeals of Texas, 1997)
Legislative History
Acts 1981, 67th Leg., p. 1737, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Nearby Sections
15
§ 202.001
DEFINITIONS.§ 202.002
PRODUCTION AND MEASUREMENT OF OIL.§ 202.003
AGREEMENT TO PAY TAX NOT IMPAIRED.§ 202.004
INSPECTION OF RECORDS AND REPORTS.§ 202.005
EMPLOYMENT OF AUDITORS.§ 202.006
TAXPAYER IDENTIFICATION NUMBER.§ 202.051
TAX IMPOSED.§ 202.052
RATE OF TAX.§ 202.053
MARKET VALUE.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 202.053, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/TX/202.053.