17.83 – ORIGINAL INVENTORY. (a) To conduct a going out of
Texas Business and Commerce Code § 17.83
Summary
This law requires businesses planning a going out of business sale to file an original inventory with the local appraisal district. It ensures that the sale is properly documented and includes specific information about the business and its owners.
Filing an original inventory is mandatory for going out of business sales.
A $20 filing fee is required with the inventory submission.
The inventory must include details about the business and its owners.
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In simple terms: Learn about Texas's ORIGINAL INVENTORY. (a) To conduct a going out of law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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