Sec. 2301.253. LICENSE REQUIRED: VEHICLE LEASE FACILITATORS. Unless a person holds a vehicle lease facilitator license and complies with this chapter, the person may not:
(1) act in the capacity of or engage in the business of a vehicle lease facilitator;
(2) hold the person out to any other person as a "leasing company," "leasing agent," "lease facilitator," or similar title, directly or indirectly engaged in the business of a vehicle lease facilitator; or
(3) otherwise engage in the solicitation or procurement of a prospective lessee for a motor vehicle that is not titled in the name of and registered to the person.
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. June 1, 2003.
Structure Texas Statutes
Title 14 - Regulation of Motor Vehicles and Transportation
Subtitle A - Regulations Related to Motor Vehicles
Chapter 2301 - Sale or Lease of Motor Vehicles
Subchapter F. License Requirements
Section 2301.251. License Required: Generally
Section 2301.252. License Required: Sale of New Motor Vehicles
Section 2301.253. License Required: Vehicle Lease Facilitators
Section 2301.254. License Not Required for Certain Vehicle Lessors or Vehicle Lease Facilitators
Section 2301.255. Nonfranchised Dealers; General Distinguishing Number
Section 2301.256. Review of New Applications
Section 2301.257. Application for Dealer's License
Section 2301.2575. Request for Dealer's License Application Confidential
Section 2301.259. Application for Manufacturer's License
Section 2301.260. Application for Distributor's License
Section 2301.261. Application for Vehicle Lessor's License
Section 2301.262. Application for Vehicle Lease Facilitator License
Section 2301.263. License Issued Subject to New Law and Rules
Section 2301.264. License Fees