Sec. 2301.552. APPOINTMENT OF VEHICLE LEASE FACILITATOR. (a) A vehicle lessor may appoint one or more vehicle lease facilitators licensed under this chapter to represent the lessor in obtaining prospective vehicle lessees.
(b) An appointment must:
(1) be in writing;
(2) disclose its terms; and
(3) comply with board rules.
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 L. Vehicle Lessors and Vehicle Lease Facilitators
Section 2301.551. Acceptance and Payment of Fees by Vehicle Lessor
Section 2301.552. Appointment of Vehicle Lease Facilitator
Section 2301.553. Disclosure of Fee Required
Section 2301.554. Terms of Lease: Foreign Countries
Section 2301.555. Limitations on Vehicle Lease Facilitator
Section 2301.5555. Authority to Sign Vehicle Lease as Lessor