Texas § OC.2301.555 - LIMITATIONS ON VEHICLE LEASE FACILITATOR
Full text of Texas The Texas Constitution § OC.2301.555 — LIMITATIONS ON VEHICLE LEASE FACILITATOR, with citation guidance and answers to common questions.
§ OC.2301.555. LIMITATIONS ON VEHICLE LEASE FACILITATOR
LIMITATIONS ON VEHICLE LEASE FACILITATOR. (a) A vehicle lease facilitator may not: (1) sell or offer to sell a new motor vehicle; (2) accept a fee from a dealer; (3) sign a motor vehicle manufacturer's statement of origin to a vehicle, accept an assignment of a manufacturer's statement of origin to a vehicle, or otherwise assume any element of title to a new motor vehicle; (4) procure or solicit a prospective vehicle lessee for or on behalf of any person other than a vehicle lessor; or (5) act in the capacity of or engage in the business of a vehicle lease facilitator without having an appointment from a vehicle lessor as provided by Section 2301.552 . (b) Except as provided by Subsection (a)(2), a vehicle lease facilitator may accept a fee for procuring a vehicle lessee or prospective vehicle lessee for or on behalf of a lessor. (c) This section does not: (1) limit the ability of a vehicle lease facilitator to accept an appointment from more than one vehicle lessor; or (2) prohibit a vehicle lease facilitator from representing a vehicle lessor or lessee in acquiring a motor vehicle to lease the vehicle to another person. Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. June 1, 2003.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § OC.2301.555
What does The Texas Constitution § OC.2301.555 cover?
Section OC.2301.555 ("LIMITATIONS ON VEHICLE LEASE FACILITATOR") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § OC.2301.555?
A common citation format is "The Texas Constitution § OC.2301.555" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § OC.2301.555 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.