Tex. Occ. Code § 2301.551 · Subchapter L. VEHICLE LESSORS AND VEHICLE LEASE FACILITATORS
ACCEPTANCE AND PAYMENT OF FEES BY VEHICLE LESSOR.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A vehicle lessor may not directly or indirectly accept a fee from a dealer. For purposes of this subsection, "fee" does not include an adjustment in the purchase price paid for the lease or leased vehicle. This subsection does not authorize a fee for referring vehicle leases or prospective lessees.
(b) A vehicle lessor may not pay a fee to any person in return for the solicitation, procurement, or production by the person of a prospective lessee of a motor vehicle unless the person:
(1) holds a vehicle lease facilitator license issued under this chapter; and
(2) has an appointment from the lessor as provided by Section 2301.552.
(c) The fees prohibited by this section do not include money paid to:
(1) a franchised dealer as a part of the consideration for the sale or assignment of a lease or leased vehicle; or
(2) a franchised dealer who transfers title of the vehicle or assigns the lease contract to the lessor of the motor vehicle.
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 a15004c9fa5ab44fa98407cd5483739f563fb410b55e484ffb67e9323f10ce54
- 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
This section cites
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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.