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Current as of January 01, 2024 | Updated by Findlaw Staff
A manufacturer or distributor may not unreasonably withhold approval of a sale, transfer, or passage of title of a dealer, agreement, management of the dealer, or designation of a successor dealer if:
(1) the dealer complies with any provisions in the agreement for the sale, transfer, or passage of title;
(2) the transferee meets the criteria:
(A) stated in the agreement; or
(B) generally applied by the manufacturer or distributor in similar situations; and
(3) the transferee agrees to be bound by the terms and conditions of the manufacturer's or distributor's standard agreement.
Cite this article: FindLaw.com - Texas Occupations Code - OCC § 2352.102. Sale, Transfer, or Passage of Title - last updated January 01, 2024 | https://codes.findlaw.com/tx/occupations-code/occ-sect-2352-102/
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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