A manufacturer or distributor may not unreasonably withhold approval of a sale, transfer, or passage of title of a dealer, agreement, management of the dealer, or designation of a successor dealer if:
(1) the dealer complies with any provisions in the agreement for the sale, transfer, or passage of title;
(2) the transferee meets the criteria:
(A) stated in the agreement; or
(B) generally applied by the manufacturer or distributor in similar situations; and
(3) the transferee agrees to be bound by the terms and conditions of the manufacturer's or distributor's standard agreement.
Official text of the Texas Occupations Code as published by the Texas Legislative Council.