Texas § 2352.103 FINANCING.

Texas Statutes

§ 2352.103 — FINANCING.

Texas § 2352.103

Code OCOccupations Code

This text of Texas § 2352.103 (FINANCING.) 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. § 2352.103 (2026).

Text

Sec. 2352.103. FINANCING.

(a)A manufacturer or distributor may not require a dealer to finance through a particular financing source a new boat or new boat motor sold by the dealer.

(b)A manufacturer or distributor may not require a dealer to act as the manufacturer's or distributor's agent in securing:

(1)a promissory note and security agreement in connection with the sale or purchase of a new boat or new boat motor; or

(2)an insurance policy on the operation of a new boat or new boat motor.

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Sec. 2352.103. FINANCING. (a) A manufacturer or distributor may not require a dealer to finance through a particular financing source a new boat or new boat motor sold by the dealer.
(b) A manufacturer or distributor may not require a dealer to act as the manufacturer's or distributor's agent in securing:
(1) a promissory note and security agreement in connection with the sale or purchase of a new boat or new boat motor; or
(2) an insurance policy on the operation of a new boat or new boat motor.

Legislative History

Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. June 1, 2003. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1148 (H.B. 1960 ), Sec. 7, eff. September 1, 2011.