Texas Statutes (Last Updated: January 4, 2014) |
OCCUPATIONS CODE |
Title 14. REGULATION OF MOTOR VEHICLES AND TRANSPORTATION |
Subtitle B. REGULATIONS RELATED TO VESSELS |
Chapter 2352. BOAT MANUFACTURERS, DISTRIBUTORS, AND DEALERS |
Subchapter B. DEALER AGREEMENTS |
Sec. 2352.0524. CURE OF DEFAULT
Latest version.
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(a) Except as provided by Section 2352.053(d)(3), (8), or (9), a manufacturer or distributor must give a dealer written notice of a default under Section 2352.0523 and allow the dealer to cure the default within a cure period as provided by Subsection (b).
(b) A dealer must cure a default not later than the:
(1) 30th day after the date of receipt of notice of a default under Section 2352.0523(a)(2) or (b)(4);
(2) 60th day after the date of receipt of notice of a default under Section 2352.0523(b)(2) or (3);
(3) 90th day after the date of receipt of notice of a default under Section 2352.0523(a)(1); or
(4) 180th day after the date of receipt of notice of a default under Section 2352.0523(b)(1).
Added by Acts 2011, 82nd Leg., R.S., Ch. 1148 , Sec. 4, eff. September 1, 2011.