Sec. 501.0236. ISSUANCE OF TITLE AND PERMITS WHEN DEALER GOES OUT OF BUSINESS. (a) This section applies only to a person who is the purchaser of a motor vehicle for which the dealer:
(1) is required to apply for a title for the vehicle under Section 501.0234; and
(2) does not apply for the title because the dealer has gone out of business.
(b) A purchaser to whom this section applies may apply for:
(1) a title in the manner prescribed by the department by rule; and
(2) on expiration of the buyer's tag issued to the purchaser under Section 503.063, a 30-day permit under Section 502.095.
(c) An application for a title under this section must include a release of any recorded lien on the motor vehicle unless the only recorded lienholder is a dealer described by Subsection (a).
(d) The department shall waive the payment of fees for:
(1) a title issued to a purchaser described by this section, if the purchaser can show that fees for a title were paid to the dealer; and
(2) one 30-day permit issued to a purchaser described by this section.
(e) Notwithstanding Section 503.033(e), the department may recover against the surety bond executed by the dealer under Section 503.033 the amount of any fee waived for a title or permit issued under this section.
(f) The department shall adopt the rules necessary to implement this section.
Added by Acts 2019, 86th Leg., R.S., Ch. 1309 (H.B. 3842), Sec. 1, eff. September 1, 2019.
Structure Texas Statutes
Title 7 - Vehicles and Traffic
Subtitle A - Certificates of Title and Registration of Vehicles
Chapter 501 - Certificate of Title Act
Subchapter B. Certificate of Title Requirements
Section 501.021. Title for Motor Vehicle
Section 501.022. Motor Vehicle Title Required
Section 501.023. Application for Title
Section 501.0234. Duty of Vehicle Dealer on Sale of Certain Vehicles
Section 501.0235. Personal Identification Information for Obtaining Title
Section 501.0236. Issuance of Title and Permits When Dealer Goes Out of Business
Section 501.024. Title Receipt
Section 501.025. Manufacturer's Certificate Required on First Sale
Section 501.027. Issuance of Title
Section 501.0275. Issuance of Title for Unregistered Vehicle
Section 501.029. Acceptable Proof of Ownership
Section 501.030. Motor Vehicles Brought Into State
Section 501.0301. Certain Off-Highway Vehicles Purchased Outside This State
Section 501.031. Rights of Survivorship Agreement
Section 501.0315. Beneficiary Designation
Section 501.032. Identification Number Inspection Required
Section 501.0321. Identification Number Inspection
Section 501.0322. Alternative Identification Number Inspection
Section 501.033. Assignment and Reassignment of Identification Number by Department
Section 501.0331. Motor Number Required for Registration
Section 501.0332. Application for Motor Number Record
Section 501.034. Issuance of Title to Government Agency
Section 501.0341. Issuance of Title to Government Agency for Travel Trailer
Section 501.035. Title for Former Military Vehicle
Section 501.036. Title for Farm Trailer or Farm Semitrailer
Section 501.037. Title for Trailers or Semitrailers
Section 501.038. Certificate of Title for Custom Vehicle or Street Rod