Texas Statutes (Last Updated: January 4, 2014) |
TRANSPORTATION CODE |
Title 7. VEHICLES AND TRAFFIC |
Subtitle A. CERTIFICATES OF TITLE AND REGISTRATION OF VEHICLES |
Chapter 502. REGISTRATION OF VEHICLES |
Subchapter L. REGISTRATION AND TRANSFER OF USED VEHICLES |
Sec. 502.491. TRANSFER OF VEHICLE REGISTRATION.
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Text of subsection as amended by Acts 2011, 82nd Leg., R.S., Ch.432, Sec. 1
(a) On the sale or transfer of a motor vehicle to a dealer, as defined by Section 503.001, who holds a general distinguishing number issued under Chapter 503, the dealer shall remove each license plate and the registration insignia issued for the motor vehicle. The registration period remaining at the time of sale or transfer expires at the time of sale or transfer.
Text of subsection as amended by Acts 2011, 82nd Leg., R.S., Ch. 1296, Sec. 163
(a) On the sale or transfer of a motor vehicle, the registration insignia issued for the motor vehicle shall be removed.
(a-1) On the sale of a used motor vehicle by a dealer, the dealer shall issue to the buyer new registration documents for an entire registration year.
Without reference to the redesignation of this subsection as (a-2) by Acts 2011, 82nd Leg., R.S., Ch. 432, Sec. 1, this subsection was repealed by Acts 2011, 82nd Leg., R.S., Ch. 1296, Sec. 163, eff. January 1, 2012
(a-2) On a sale or transfer of a motor vehicle to a person that does not hold a general distinguishing number issued under Chapter 503, the seller or transferor may remove each license plate and the registration insignia issued for the motor vehicle.
(b) On a sale or transfer of a motor vehicle in which neither party holds a general distinguishing number issued under Chapter 503, the part of the registration period remaining at the time of the sale or transfer shall continue with the vehicle being sold or transferred and does not transfer with the license plates or registration validation insignia. To continue the remainder of the registration period, the purchaser or transferee must file the documents required under Section 501.145.
Text of subsection as amended by Acts 2011, 82nd Leg., R.S., Ch. 432, Sec. 1
(c) On a sale or transfer of a motor vehicle in which neither party holds a general distinguishing number issued under Chapter 503, the part of the registration period remaining at the time of the sale or transfer shall continue with the vehicle being sold or transferred and does not transfer with the license plates or registration validation insignia. To continue the remainder of the registration period, the purchaser or transferee must file the documents required under Section 520.031.
Text of subsection as amended by Acts 2011, 82nd Leg., R.S., Ch. 1296, Sec. 163
(c) On the sale or transfer of a motor vehicle to a dealer, as defined by Section 503.001, who holds a general distinguishing number issued under Chapter 503, the registration period remaining at the time of the sale or transfer expires at the time of the sale or transfer. On the sale of a used motor vehicle by a dealer, the dealer shall issue to the buyer new registration documents for an entire registration year.