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Texas Occupations Code - OCC § 2153.201. Required Owner Records

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) An owner shall maintain a complete and itemized record of each coin-operated machine the owner purchases, receives, possesses, handles, exhibits, or displays in this state in accordance with accepted auditing and accounting practices.

(b) A record required under Subsection (a) must:

(1) be available at all times for inspection by the attorney general, the comptroller, or an authorized representative of the attorney general or comptroller as provided by Subsection (c);

(2) include information relating to:

(A) the kind of each machine;

(B) the date each machine is:

(i) acquired or received in this state;  and

(ii) placed in operation;

(C) the location of each machine, including the:

(i) county;

(ii) municipality, if any;  and

(iii) street or rural route number;

(D) the name and complete address of each operator of each machine;

(E) if the owner is an individual, the full name and address of the owner;  and

(F) if the owner is not an individual, the name and address of each principal officer or member of the owner;  and

(3) be maintained at a permanent address in this state designated on the application for a license under Section 2153.153.

(c) A record required under Subsection (a) must be available for inspection under Subsection (b) for at least four years and as required by Section 111.0041, Tax Code.

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Cite this article: FindLaw.com - Texas Occupations Code - OCC § 2153.201. Required Owner Records - last updated January 01, 2024 | https://codes.findlaw.com/tx/occupations-code/occ-sect-2153-201/

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