Texas § 2301.462 SUCCESSION FOLLOWING DEATH OF FRANCHISED DEALER.

Texas Statutes

§ 2301.462 — SUCCESSION FOLLOWING DEATH OF FRANCHISED DEALER.

Texas § 2301.462

Code OCOccupations Code

This text of Texas § 2301.462 (SUCCESSION FOLLOWING DEATH OF FRANCHISED DEALER.) 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. § 2301.462 (2026).

Text

Sec. 2301.462. SUCCESSION FOLLOWING DEATH OF FRANCHISED DEALER.

(a)Notwithstanding the terms of any franchise, except as provided by Subsection (b), a manufacturer, distributor, or representative shall honor the succession to a dealership by a legal heir or devisee under:

(1)the will of a franchised dealer; or

(2)the laws of descent and distribution of this state.

(b)Notwithstanding the terms of any franchise, a manufacturer, distributor, or representative may refuse to honor a succession if, after notice and hearing, it is shown to the board that the result of the succession will be detrimental to the public interest and to the representation of the manufacturer or distributor.

(c)This section does not prevent a franchised dealer, during the dealer's lifetime, from designating any pe

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 2301.462. SUCCESSION FOLLOWING DEATH OF FRANCHISED DEALER. (a) Notwithstanding the terms of any franchise, except as provided by Subsection (b), a manufacturer, distributor, or representative shall honor the succession to a dealership by a legal heir or devisee under:
(1) the will of a franchised dealer; or
(2) the laws of descent and distribution of this state.
(b) Notwithstanding the terms of any franchise, a manufacturer, distributor, or representative may refuse to honor a succession if, after notice and hearing, it is shown to the board that the result of the succession will be detrimental to the public interest and to the representation of the manufacturer or distributor.
(c) This section does not prevent a franchised dealer, during the dealer's lifetime, from designating any person as a successor dealer by a written instrument filed with the manufacturer or distributor.