Tex. Occ. Code § 2301.554

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 2301.554 - Terms of Lease: Foreign Countries
(a) Except as provided by Subsection (b) or by federal law, including a federal agency rule, a vehicle lessor may not, and the vehicle lease may not, prohibit the lessee from taking the vehicle that is the subject of the lease into a specific foreign country unless the lease prohibits the lessee from taking the vehicle into any foreign country.
(b) In the interests of justice and giving deference to standard national business practices, the board may adopt a rule by which a lease may prohibit the lessee from taking the vehicle into a specific foreign country regardless of whether the lease prohibits the lessee from taking the vehicle into another foreign country. In adopting a rule under this subsection the board shall give consideration to the proximity of international borders to prospective Texas lessees.

Tex. Occ. Code § 2301.554

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