Texas § 2301.555 LIMITATIONS ON VEHICLE LEASE FACILITATOR.

Texas Statutes

§ 2301.555 — LIMITATIONS ON VEHICLE LEASE FACILITATOR.

Texas § 2301.555

Code OCOccupations Code

This text of Texas § 2301.555 (LIMITATIONS ON VEHICLE LEASE FACILITATOR.) 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. § 2301.555 (2026).

Text

Sec. 2301.555. LIMITATIONS ON VEHICLE LEASE FACILITATOR.

(a)A vehicle lease facilitator may not:

(1)sell or offer to sell a new motor vehicle;

(2)accept a fee from a dealer;

(3)sign a motor vehicle manufacturer's statement of origin to a vehicle, accept an assignment of a manufacturer's statement of origin to a vehicle, or otherwise assume any element of title to a new motor vehicle;

(4)procure or solicit a prospective vehicle lessee for or on behalf of any person other than a vehicle lessor; or

(5)act in the capacity of or engage in the business of a vehicle lease facilitator without having an appointment from a vehicle lessor as provided by Section 2301.552 .

(b)Except as provided by Subsection (a)(2), a vehicle lease facilitator may accept a fee for procuring a vehicle lessee or

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Sec. 2301.555. LIMITATIONS ON VEHICLE LEASE FACILITATOR. (a) A vehicle lease facilitator may not:
(1) sell or offer to sell a new motor vehicle;
(2) accept a fee from a dealer;
(3) sign a motor vehicle manufacturer's statement of origin to a vehicle, accept an assignment of a manufacturer's statement of origin to a vehicle, or otherwise assume any element of title to a new motor vehicle;
(4) procure or solicit a prospective vehicle lessee for or on behalf of any person other than a vehicle lessor; or
(5) act in the capacity of or engage in the business of a vehicle lease facilitator without having an appointment from a vehicle lessor as provided by Section 2301.552 .
(b) Except as provided by Subsection (a)(2), a vehicle lease facilitator may accept a fee for procuring a vehicle lessee or prospective vehicle lessee for or on behalf of a lessor.
(c) This section does not:
(1) limit the ability of a vehicle lease facilitator to accept an appointment from more than one vehicle lessor; or
(2) prohibit a vehicle lease facilitator from representing a vehicle lessor or lessee in acquiring a motor vehicle to lease the vehicle to another person.