Section 2302.101 - [Multiple versions] Salvage Vehicle Dealer License(a) Unless a person holds a salvage vehicle dealer license issued under this chapter, the person may not: (1) act as a salvage vehicle dealer or rebuilder; or (2) store or display a motor vehicle as an agent or escrow agent of an insurance company. (b) A person who holds a salvage vehicle dealer license issued under this chapter may perform any of the activities of a salvage vehicle dealer, including: (1) buying salvage motor vehicles and nonrepairable motor vehicles or selling salvage motor vehicles and nonrepairable motor vehicles that have been issued a salvage vehicle title or nonrepairable vehicle title, as appropriate; (2) engaging in the business of selling nonrepairable motor vehicles or salvage motor vehicles at auction, including wholesale auction; (3) offering or negotiating to sell or buy salvage motor vehicles or nonrepairable motor vehicles owned by a license holder and to be purchased or sold by another license holder; (4) acting as the agent or representative of a license holder in performing an act described by Subdivision (3); and (5) acquiring and repairing, rebuilding, or reconstructing for operation on a public highway more than five salvage motor vehicles in a calendar year. Tex. Occ. Code § 2302.101
Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 594,Sec. 2.08, eff. 9/1/2019.Amended by Acts 2003, 78th Leg., ch. 1325, Sec. 17.05, eff. 9/1/2003.Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. 6/1/2003.