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Texas Occupations Code - OCC § 2301.260. Application for Distributor's License

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) An application for a distributor's license must disclose:

(1) the manufacturer for whom the distributor will act;

(2) whether the manufacturer is licensed in this state;

(3) the persons in this state who will be responsible for compliance with the warranty covering the motor vehicles to be sold;

(4) the terms of the contract under which the distributor will act for the manufacturer;  and

(5) the franchised dealers with whom the distributor will do business.

(b) An applicant for a distributor's license that has a responsibility under a warranty agreement must include a statement regarding the manufacturer's compliance with Subchapter I and Sections 2301.451-2301.476.

(c) An applicant for or holder of a distributor's license must inform the board of a change in the information provided under this section not later than the 15th day after the date of the change.  Information submitted under this subsection becomes a part of the application.

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Cite this article: FindLaw.com - Texas Occupations Code - OCC § 2301.260. Application for Distributor's License - last updated January 01, 2024 | https://codes.findlaw.com/tx/occupations-code/occ-sect-2301-260/

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