GroundRules
← Search the law
Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Occupations Code § 2301.555: LIMITATIONS ON VEHICLE LEASE FACILITATOR.

Read at publisher ↗
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 L. VEHICLE LESSORS AND VEHICLE LEASE FACILITATORS

(a) A vehicle lease facilitator may not:

(1) sell or offer to sell a new motor vehicle;

(2) accept a fee from a dealer;

(3) sign a motor vehicle manufacturer's statement of origin to a vehicle, accept an assignment of a manufacturer's statement of origin to a vehicle, or otherwise assume any element of title to a new motor vehicle;

(4) procure or solicit a prospective vehicle lessee for or on behalf of any person other than a vehicle lessor; or

(5) act in the capacity of or engage in the business of a vehicle lease facilitator without having an appointment from a vehicle lessor as provided by Section 2301.552.

(b) Except as provided by Subsection (a)(2), a vehicle lease facilitator may accept a fee for procuring a vehicle lessee or prospective vehicle lessee for or on behalf of a lessor.

(c) This section does not:

(1) limit the ability of a vehicle lease facilitator to accept an appointment from more than one vehicle lessor; or

(2) prohibit a vehicle lease facilitator from representing a vehicle lessor or lessee in acquiring a motor vehicle to lease the vehicle to another person.

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

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

Browse this collection