Tex. Occ. Code § 2352.102

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

Section 2352.102 - Sale, Transfer, or Passage of Title

A manufacturer or distributor may not unreasonably withhold approval of a sale, transfer, or passage of title of a dealer, agreement, management of the dealer, or designation of a successor dealer if:

(1) the dealer complies with any provisions in the agreement for the sale, transfer, or passage of title;

(2) the transferee meets the criteria:

(A) stated in the agreement; or

(B) generally applied by the manufacturer or distributor in similar situations; and

(3) the transferee agrees to be bound by the terms and conditions of the manufacturer's or distributor's standard agreement.

Tex. Occ. Code § 2352.102

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