Occupations Code › Title 14 › Chapter 2301 › Subchapter J

Texas Occupations Code § 2301.470

Prohibition: Conditions for Financing Motor Vehicle

Sale or Lease of Motor Vehicles · Manufacturers, Distributors, and Representatives

A manufacturer, distributor, or representative may not directly or indirectly, or through a subsidiary or agent, require as a condition for obtaining financing for a motor vehicle that:

(1) the purchaser of the vehicle purchase any product other than the motor vehicle from the manufacturer, the distributor, or an entity owned or controlled by the manufacturer or distributor; or

(2) an insurance policy or service contract bought by the purchaser be from a specific source.

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

Official source
Legislative history

Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. June 1, 2003.