Tex. Occ. Code § 2301.471 · Subchapter J. MANUFACTURERS, DISTRIBUTORS, AND REPRESENTATIVES
USE OF FINANCING SUBSIDIARY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A manufacturer, distributor, or representative may not:
(1) compel a franchised dealer through a financing subsidiary of the manufacturer or distributor to agree to unreasonable operating requirements; or
(2) directly or indirectly terminate a franchise through the actions of a financing subsidiary of the manufacturer or distributor.
(b) This section does not limit the right of a financing entity to engage in business practices in accordance with the usage of trade in retail and wholesale motor vehicle financing.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/OC/htm/OC.2301.htm
- Text hash
- sha256 1ad3fdc381773698ae405d65c8e8ccfc7474fece343cdf0cb5dbcace3b1cdd96
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.