1 | 1 | | By: Wentworth S.B. No. 1057 |
---|
2 | 2 | | (Harper-Brown, Fletcher) |
---|
3 | 3 | | |
---|
4 | 4 | | |
---|
5 | 5 | | A BILL TO BE ENTITLED |
---|
6 | 6 | | AN ACT |
---|
7 | 7 | | relating to the transfer of certain vehicle registrations at the |
---|
8 | 8 | | time of sale of the vehicle. |
---|
9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
---|
10 | 10 | | SECTION 1. Section 502.451, Transportation Code, is amended |
---|
11 | 11 | | by amending Subsections (a), (a-1), and (c) and adding Subsection |
---|
12 | 12 | | (a-2) to read as follows: |
---|
13 | 13 | | (a) On the sale or transfer of a motor vehicle to a dealer, |
---|
14 | 14 | | as defined by Section 503.001, who holds a general distinguishing |
---|
15 | 15 | | number issued under Chapter 503, the dealer shall remove each |
---|
16 | 16 | | license plate and the registration insignia issued for the motor |
---|
17 | 17 | | vehicle. The registration period remaining at the time of sale or |
---|
18 | 18 | | transfer expires at the time of sale or transfer. |
---|
19 | 19 | | (a-1) On the sale of a used motor vehicle by a dealer, the |
---|
20 | 20 | | dealer shall issue to the buyer new registration documents for an |
---|
21 | 21 | | entire registration year. |
---|
22 | 22 | | (a-2) On a sale or transfer of a motor vehicle to a person |
---|
23 | 23 | | that does not hold a general distinguishing number issued under |
---|
24 | 24 | | Chapter 503, the seller or transferor may remove each license plate |
---|
25 | 25 | | and the registration insignia issued for the motor vehicle. |
---|
26 | 26 | | (c) On a sale or transfer of a motor vehicle in which neither |
---|
27 | 27 | | party holds a general distinguishing number issued under Chapter |
---|
28 | 28 | | 503, the [The] part of the registration period remaining at the time |
---|
29 | 29 | | of the sale or transfer shall continue with the vehicle being sold |
---|
30 | 30 | | or transferred and does not transfer with the license plates or |
---|
31 | 31 | | registration validation insignia. To continue the remainder of the |
---|
32 | 32 | | registration period, the purchaser or transferee must file the |
---|
33 | 33 | | documents required under Section 520.031. |
---|
34 | 34 | | SECTION 2. This Act takes effect September 1, 2011. |
---|