Notwithstanding the terms of any franchise, a manufacturer, distributor, or representative may not require or attempt to require that a franchised dealer assign to or act as an agent for a manufacturer, distributor, or representative to secure:
(1) a promissory note or security agreement given in connection with the sale or purchase of a new motor vehicle; or
(2) an insurance policy on or having to do with the operation of a vehicle that is sold.
Official text of the Texas Occupations Code as published by the Texas Legislative Council.