Texas Statutes (Last Updated: January 4, 2014) |
OCCUPATIONS CODE |
Title 14. REGULATION OF MOTOR VEHICLES AND TRANSPORTATION |
Subtitle A. REGULATIONS RELATED TO MOTOR VEHICLES |
Chapter 2301. SALE OR LEASE OF MOTOR VEHICLES |
Subchapter H. DEALERS |
Sec. 2301.357. PROHIBITED FEE
Latest version.
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(a) A franchised dealer may not directly or indirectly pay a fee to a vehicle lessor or a vehicle lease facilitator.
(b) For purposes of Subsection (a), an adjustment in the purchase price paid for the lease or leased vehicle is not a fee. This subsection does not authorize a fee for referring leases or prospective lessees.
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. June 1, 2003.