Tex. Tax Code § 151.306
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
If an interest in tangible personal property is sold, under the terms of a good faith, bona fide contractual relationship, to another person who either before or after the sale owned or owns a joint or undivided interest in the property with the seller, and if the taxes imposed by this chapter have previously been paid on the tangible personal property, the tangible personal property is exempted from the taxes imposed by this chapter.
Tex. Tax Code § 151.306