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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A manufacturer or dealer shall immediately notify the department if the manufacturer or dealer transfers, including by sale or lease, a motor vehicle, trailer, or semitrailer to a person other than a manufacturer or dealer.
(b) The notice must be in writing using the form provided by the department and must include:
(1) the date of the transfer;
(2) the names and addresses of the transferrer and transferee; and
(3) a description of the vehicle.
(c) A dealer who submits information to the database under Section 503.0631 satisfies the requirement for the dealer to notify the department of the sale or transfer of a motor vehicle, trailer, or semitrailer under this section.
(d) The notice required under this section is in addition to the application for vehicle registration and certificate of title a dealer is required to submit under Section 501.0234.
Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 503.005. Notice of Sale or Transfer - last updated January 01, 2024 | https://codes.findlaw.com/tx/transportation-code/transp-sect-503-005/
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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