Sec. 2352.0524. CURE OF DEFAULT  


Latest version.
  • (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.