Tex.
Occ. Code Section 2153.201
Required Owner Records
(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 (License Application Requirements).(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 (Records; Burden to Produce and Substantiate Claims), Tax Code.
Source:
Section 2153.201 — Required Owner Records, https://statutes.capitol.texas.gov/Docs/OC/htm/OC.2153.htm#2153.201 (accessed Jun. 5, 2024).
