Texas § 2301.551 ACCEPTANCE AND PAYMENT OF FEES BY VEHICLE LESSOR.

Texas Statutes

§ 2301.551 — ACCEPTANCE AND PAYMENT OF FEES BY VEHICLE LESSOR.

Texas § 2301.551

Code OCOccupations Code

This text of Texas § 2301.551 (ACCEPTANCE AND PAYMENT OF FEES BY VEHICLE LESSOR.) 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. § 2301.551 (2026).

Text

Sec. 2301.551. ACCEPTANCE AND PAYMENT OF FEES BY VEHICLE LESSOR.

(a)A vehicle lessor may not directly or indirectly accept a fee from a dealer. For purposes of this subsection, "fee" does not include an adjustment in the purchase price paid for the lease or leased vehicle. This subsection does not authorize a fee for referring vehicle leases or prospective lessees.

(b)A vehicle lessor may not pay a fee to any person in return for the solicitation, procurement, or production by the person of a prospective lessee of a motor vehicle unless the person:

(1)holds a vehicle lease facilitator license issued under this chapter; and

(2)has an appointment from the lessor as provided by Section 2301.552 .

(c)The fees prohibited by this section do not include money paid to:

(1)a franchised dealer

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Sec. 2301.551. ACCEPTANCE AND PAYMENT OF FEES BY VEHICLE LESSOR. (a) A vehicle lessor may not directly or indirectly accept a fee from a dealer. For purposes of this subsection, "fee" does not include an adjustment in the purchase price paid for the lease or leased vehicle. This subsection does not authorize a fee for referring vehicle leases or prospective lessees.
(b) A vehicle lessor may not pay a fee to any person in return for the solicitation, procurement, or production by the person of a prospective lessee of a motor vehicle unless the person:
(1) holds a vehicle lease facilitator license issued under this chapter; and
(2) has an appointment from the lessor as provided by Section 2301.552 .
(c) The fees prohibited by this section do not include money paid to:
(1) a franchised dealer as a part of the consideration for the sale or assignment of a lease or leased vehicle; or
(2) a franchised dealer who transfers title of the vehicle or assigns the lease contract to the lessor of the motor vehicle.