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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A motor vehicle may not be the subject of a subsequent sale at a public auction by a holder of a dealer's general distinguishing number unless equitable or legal title has passed to the selling dealer before the transfer of title to the subsequent buyer.
(b) The holder of a dealer's general distinguishing number who sells a motor vehicle at a public auction must transfer the certificate of title for that vehicle to the buyer before the 21st day after the date of the sale.
Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 503.039. Public Motor Vehicle Auctions - last updated January 01, 2024 | https://codes.findlaw.com/tx/transportation-code/transp-sect-503-039/
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