With respect to the regulation of motor vehicle distribution under this chapter, a person may not use the word "lease" or "leasing," or any variation of those words, in the person's name or in the name of an entity owned by the person unless the person is:
(1) licensed under this chapter as a vehicle lessor or vehicle lease facilitator; or
(2) exempt under Section 2301.254 from the requirement to obtain a license.
Official text of the Texas Occupations Code as published by the Texas Legislative Council.