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A BILL TO BE ENTITLED
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AN ACT
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relating to the requirement that a motor vehicle dealer obtain a |
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general distinguishing number for a consignment location. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 503.027(a), Transportation Code, is |
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amended to read as follows: |
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(a) A [If a dealer consigns for sale more than five vehicles
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in a calendar year from a location other than the location for which
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the dealer holds a general distinguishing number, the] dealer must |
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[also] hold a general distinguishing number for a [the] consignment |
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location unless the consignment location is a wholesale motor |
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vehicle auction. |
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SECTION 2. This Act takes effect September 1, 2019. |