Old | New | Differences | |
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1 | 1 | 86R4623 BEE-D | |
2 | 2 | By: Hancock S.B. No. 897 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to the regulation of salvage vehicle dealers. | |
8 | 8 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
9 | 9 | SECTION 1. Section 2302.101, Occupations Code, is amended | |
10 | 10 | to read as follows: | |
11 | 11 | Sec. 2302.101. LICENSE REQUIRED FOR SALVAGE VEHICLE DEALER. | |
12 | 12 | Unless a person holds a salvage vehicle dealer license issued under | |
13 | 13 | this chapter or an independent motor vehicle dealer's general | |
14 | 14 | distinguishing number issued under Chapter 503, Transportation | |
15 | 15 | Code, the person may not: | |
16 | 16 | (1) act as a salvage vehicle dealer or rebuilder; or | |
17 | 17 | (2) store or display a motor vehicle as an agent or | |
18 | 18 | escrow agent of an insurance company. | |
19 | 19 | SECTION 2. This Act takes effect September 1, 2019. |