Tex. Occ. Code § 2301.404

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2301.404 - Time for Payment

(a) A manufacturer or distributor shall pay a dealer's claim for reimbursement for warranty work or dealer preparation and delivery work not later than the 30th day after the date of approval of the claim.

(b) A claim that is not disapproved before the 31st day after the date of receipt is considered approved.

(c) If a claim is disapproved, the manufacturer or distributor shall provide the dealer written notice of the reasons for the disapproval.

Tex. Occ. Code § 2301.404

Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. 6/1/2003.