Texas Tax Code - TAX § 152.0475. Registration of Related Finance Company

(a) “Related finance company” means a person in which at least 80 percent of the ownership is identical to the ownership of a dealer, as defined by Section 503.001, Transportation Code.

(b) The comptroller shall establish a registration system for related finance companies under this section.

(c) A related finance company may register with the comptroller on a form prescribed by the comptroller.  The comptroller shall make the forms available to the public.  A registration remains in effect until canceled by the registration holder or the comptroller.

(d) Repealed by Acts 2017, 85th Leg., ch. 272 (H.B. 2067), § 2.

(e) The comptroller may adopt rules to implement this section.