Finance Code › Title 4 › Chapter 353 › Subchapter F

Texas Finance Code § 353.511

Effect of License Suspension, Revocation, or Surrender

Commercial Motor Vehicle Installment Sales · Licensing; Administration of Chapter

(a) The suspension, revocation, or surrender of a license issued under this chapter does not affect the obligation of a contract between the license holder and a retail buyer entered into before the suspension, revocation, or surrender.

(b) Surrender of a license does not affect the license holder's civil or criminal liability for an act committed before surrender.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.