78R4478 JRJ-D
By: Staples S.B. No. 1640
A BILL TO BE ENTITLED
AN ACT
relating to duties of certain motor vehicle dealers on the transfer
of used vehicles.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter C, Chapter 520, Transportation Code,
is amended by adding Section 520.024 to read as follows:
Sec. 520.024. DUTIES OF CERTAIN MOTOR VEHICLE DEALERS ON
TRANSFER OF USED VEHICLE. If a transferee is a franchised or
independent motor vehicle dealer as defined by Section 503.001, the
transferee must inform the transferor of a motor vehicle of the
right to file a written notice of transfer with the department under
Section 520.023.
SECTION 2. This Act takes effect September 1, 2003.