Texas Business and Commerce Code 17.87 – Final Inventory
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Terms Used In Texas Business and Commerce Code 17.87
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
Within 30 days after the day that the going out of business sale ends, the permit holder shall file with the chief appraiser a final inventory. The final inventory must include:
(1) the name and address of the permit holder;
(2) a statement of the disposition of the items listed in the original inventory that were not sold during the going out of business sale and the name and address of any person purchasing those items after the ending date of the sale; and
(3) a description of the place where the sale was held.