Tex. Occ. Code § 2352.103 · Subchapter C. REGULATION OF MANUFACTURERS, DISTRIBUTORS, AND DEALERS
FINANCING.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A manufacturer or distributor may not require a dealer to finance through a particular financing source a new boat or new boat motor sold by the dealer.
(b) A manufacturer or distributor may not require a dealer to act as the manufacturer's or distributor's agent in securing:
(1) a promissory note and security agreement in connection with the sale or purchase of a new boat or new boat motor; or
(2) an insurance policy on the operation of a new boat or new boat motor.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. June 1, 2003.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 1148 (H.B. 1960), Sec. 7, 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 09399eec5eb5fe65b342b3b2d6916a0a4070c3469b5626a1c70593790305ef66
- 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.