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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A parking facility owner may not directly or indirectly accept anything of value from:
(1) a towing company in connection with the removal of a vehicle from a parking facility; or
(2) a booting company in connection with booting a vehicle in a parking facility.
(b) A parking facility owner may not have a direct or indirect monetary interest in:
(1) a towing company that for compensation removes unauthorized vehicles from a parking facility in which the parking facility owner has an interest; or
(2) a booting company that for compensation boots vehicles in a parking facility in which the parking facility owner has an interest.
(c) This section does not apply to a sign required under Section 2308.301 provided by a towing or booting company to a parking facility owner.
Cite this article: FindLaw.com - Texas Occupations Code - OCC § 2308.401. Parking Facility Owner Prohibited From Receiving Financial Gain From Towing Company or Booting Company - last updated January 01, 2024 | https://codes.findlaw.com/tx/occupations-code/occ-sect-2308-401/
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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