Texas Statutes
§ 2301.457 — PROHIBITION: CHANGE OF FRANCHISED DEALER'S CAPITAL STRUCTURE.
Texas § 2301.457
JurisdictionTexas
Code OCOccupations Code
This text of Texas § 2301.457 (PROHIBITION: CHANGE OF FRANCHISED DEALER'S CAPITAL STRUCTURE.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Occupations Code Code Ann. § 2301.457 (2026).
Text
Sec. 2301.457. PROHIBITION: CHANGE OF FRANCHISED DEALER'S CAPITAL STRUCTURE. Notwithstanding the terms of any franchise, a manufacturer, distributor, or representative may not prevent a franchised dealer who meets reasonable capital requirements from reasonably changing:
(1)the capital structure of the dealership; or
(2)the means by or through which the dealer finances the operation of the dealership.
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. June 1, 2003.
Nearby Sections
15
§ 2301.001
CONSTRUCTION; PURPOSE.§ 2301.002
DEFINITIONS.§ 2301.003
EFFECT ON AGREEMENTS.§ 2301.004
CHAPTER EXCLUSIVE.§ 2301.005
TITLE CHANGES.§ 2301.006
BROKERS PROHIBITED.§ 2301.007
TOWING VEHICLE BY LICENSE HOLDER.§ 2301.103
PERSONNEL.§ 2301.104
HEARINGS EXAMINERS.§ 2301.151
GENERAL JURISDICTION OF BOARD.§ 2301.152
GENERAL DUTIES OF BOARD.§ 2301.153
GENERAL POWERS OF BOARD.§ 2301.154
DELEGATION OF POWERS.§ 2301.155
RULES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 2301.457, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/OC/2301.457.