Section 2301.471 - Use of Financing Subsidiary(a) A manufacturer, distributor, or representative may not: (1) compel a franchised dealer through a financing subsidiary of the manufacturer or distributor to agree to unreasonable operating requirements; or(2) directly or indirectly terminate a franchise through the actions of a financing subsidiary of the manufacturer or distributor.(b) This section does not limit the right of a financing entity to engage in business practices in accordance with the usage of trade in retail and wholesale motor vehicle financing.Tex. Occ. Code § 2301.471
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. 6/1/2003.