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Texas Statutes (Last Updated: January 4, 2014) |
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TRANSPORTATION CODE |
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Title 7. VEHICLES AND TRAFFIC |
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Subtitle A. CERTIFICATES OF TITLE AND REGISTRATION OF VEHICLES |
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Chapter 501. CERTIFICATE OF TITLE ACT |
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Subchapter E. NONREPAIRABLE AND SALVAGE MOTOR VEHICLES |
Sec. 501.107. APPLICABILITY OF SUBCHAPTER TO RECYCLER
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(a) This subchapter does not apply to a sale to, purchase by, or other transaction by or with, a metal recycler except as provided by Subsections (b) and (c).
(b) A metal recycler shall submit to the department the properly assigned manufacturer's certificate of origin, regular certificate of title, nonrepairable vehicle title, salvage vehicle title, or comparable out-of-state ownership document that the person receives in conjunction with the purchase of a motor vehicle not later than the 60th day after the date the metal recycler receives the title or out-of-state ownership document.
(c) This subchapter applies to a transaction with a metal recycler in which a motor vehicle:
(1) is sold or delivered to the metal recycler for the purpose of reuse or resale as a motor vehicle or as a source of used parts; and
(2) is used for that purpose.