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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Occupations Code § 2301.471: USE OF FINANCING SUBSIDIARY.

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Where this section sits in the code
  1. OCCUPATIONS CODE
  2. TITLE 14. REGULATION OF MOTOR VEHICLES AND TRANSPORTATION
  3. SUBTITLE A. REGULATIONS RELATED TO MOTOR VEHICLES
  4. CHAPTER 2301. SALE OR LEASE OF MOTOR VEHICLES
  5. SUBCHAPTER J. MANUFACTURERS, DISTRIBUTORS, AND REPRESENTATIVES

(a) A manufacturer, distributor, or representative may not:

(1) compel a franchised dealer through a financing subsidiary of the manufacturer or distributor to agree to unreasonable operating requirements; or

(2) directly or indirectly terminate a franchise through the actions of a financing subsidiary of the manufacturer or distributor.

(b) This section does not limit the right of a financing entity to engage in business practices in accordance with the usage of trade in retail and wholesale motor vehicle financing.

Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. June 1, 2003.

Collected 2026-08-27T01:47:31Z. Source file · JSON

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