Tex. Occ. Code § 2352.0523 · Subchapter B. DEALER AGREEMENTS
DEFAULT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A default under an agreement under this chapter by a manufacturer, distributor, or dealer is:
(1) a material failure to meet minimum product stocking requirements as specified by the agreement;
(2) a material failure to make timely payment of any material obligation as specified by the agreement;
(3) a material failure to substantially comply with a federal, state, or local law, rule, regulation, ordinance, or order applicable to the agreement; or
(4) an act of material fraud relating to the performance of a right or obligation under the agreement.
(b) A default by a dealer under an agreement under this chapter is:
(1) a material failure to meet applicable performance standards as specified by the agreement for a defined one model year marketing cycle;
(2) a material failure to meet applicable marketing standards as specified by the agreement;
(3) a material failure to meet applicable standards for a dedicated or self-funded line of credit or a trade-in or self-funded trade-in line of credit as specified by the agreement; or
(4) the marketing of the manufacturer's boats by the dealer outside of the dealer's territory in violation of this chapter.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 1148 (H.B. 1960), Sec. 4, eff. September 1, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/OC/htm/OC.2352.htm
- Text hash
- sha256 5cbd6b441df32923cdb0a4870e55b46300fbe93c552dc1e0f0bb576e95cb13a6
- 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
Cited by 2 provisions
Provisions in this library whose text cites Tex. Occ. Code § 2352.0523. Each shows the citation as that text prints it.
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.