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Texas Occupations Code - OCC § 2301.601. Definitions

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

In this subchapter:

(1) “Impairment of market value” means a substantial loss in market value caused by a defect specific to a motor vehicle.

(2) “Owner” means a person who is entitled to enforce a manufacturer's warranty with respect to a motor vehicle, and who:

(A) purchased the motor vehicle at retail from a license holder;

(B) is a lessor or lessee, other than a sublessee, who purchased or leased the vehicle from a license holder;

(C) is a resident of this state and has registered the vehicle in this state;

(D) purchased or leased the vehicle at retail and is an active duty member of the United States armed forces stationed in this state at the time a proceeding is commenced under this subchapter; or

(E) is:

(i) the transferee or assignee of a person described by Paragraphs (A)-(D);

(ii) a resident of this state; and

(iii) the person who registered the vehicle in this state.

(3) “Reasonable allowance for use” means the amount directly attributable to use of a motor vehicle when the vehicle is not out of service for repair.

(4) “Serious safety hazard” means a life-threatening malfunction or nonconformity that:

(A) substantially impedes a person's ability to control or operate a motor vehicle for ordinary use or intended purposes; or

(B) creates a substantial risk of fire or explosion.

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Cite this article: FindLaw.com - Texas Occupations Code - OCC § 2301.601. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/tx/occupations-code/occ-sect-2301-601/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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