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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The commission by order shall prescribe the form of a tender and a tender application.
(b) The form must show:
(1) the name and address of the shipper or other person who tenders oil or a petroleum product for transportation;
(2) the name and address of the transporter if the commission order requires the transporter to be designated;
(3) the quantity and classification of each commodity authorized to be transported;
(4) each location at which delivery is to be made to the transporter; and
(5) other related information as prescribed by commission order.
(c) Each tender must:
(1) bear a date and serial number;
(2) state the expiration date of the tender; and
(3) be executed by an agent authorized by the commission to deny, approve, or register tenders.
(d) An agent may not approve or register a tender for the transportation of unlawful oil or an unlawful petroleum product.
Cite this article: FindLaw.com - Texas Natural Resources Code - NAT RES § 115.012. Tender; Application Requirements - last updated January 01, 2024 | https://codes.findlaw.com/tx/natural-resources-code/nat-res-sect-115-012/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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