Tex. Occ. Code Section 2352.103
Financing

(a)

A manufacturer or distributor may not require a dealer to finance through a particular financing source a new boat or new boat motor sold by the dealer.

(b)

A manufacturer or distributor may not require a dealer to act as the manufacturer’s or distributor’s agent in securing:

(1)

a promissory note and security agreement in connection with the sale or purchase of a new boat or new boat motor; or

(2)

an insurance policy on the operation of a new boat or new boat motor.
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. June 1, 2003.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 1148 (H.B. 1960), Sec. 7, eff. September 1, 2011.

Source: Section 2352.103 — Financing, https://statutes.­capitol.­texas.­gov/Docs/OC/htm/OC.­2352.­htm#2352.­103 (accessed May 18, 2024).

Green check means up to date. Up to date

Accessed:
May 18, 2024

§ 2352.103’s source at texas​.gov