Sec. 2352.0524. CURE OF DEFAULT. (a) Except as provided by Section 2352.053(d)(3), (8), or (9), a manufacturer or distributor must give a dealer written notice of a default under Section 2352.0523 and allow the dealer to cure the default within a cure period as provided by Subsection (b).
(b) A dealer must cure a default not later than the:
(1) 30th day after the date of receipt of notice of a default under Section 2352.0523(a)(2) or (b)(4);
(2) 60th day after the date of receipt of notice of a default under Section 2352.0523(b)(2) or (3);
(3) 90th day after the date of receipt of notice of a default under Section 2352.0523(a)(1); or
(4) 180th day after the date of receipt of notice of a default under Section 2352.0523(b)(1).
Added by Acts 2011, 82nd Leg., R.S., Ch. 1148 (H.B. 1960), Sec. 4, eff. September 1, 2011.
Structure Texas Statutes
Title 14 - Regulation of Motor Vehicles and Transportation
Subtitle B - Regulations Related to Vessels
Chapter 2352 - Boat Manufacturers, Distributors, and Dealers
Subchapter B. Dealer Agreements
Section 2352.051. Agreement Required
Section 2352.052. Terms of Agreement
Section 2352.0521. Performance Standards
Section 2352.0522. Dealer Territory
Section 2352.0524. Cure of Default
Section 2352.053. Termination or Nonrenewal of Agreement; Notice