Tex. Occupations Code § 2308.401
PARKING FACILITY OWNER PROHIBITED FROM RECEIVING FINANCIAL GAIN FROM TOWING COMPANY OR BOOTING COMPANY
Texas · Texas Occupations Code · Status: effective
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- Citation
- Tex. Occupations Code § 2308.401, PARKING FACILITY OWNER PROHIBITED FROM RECEIVING FINANCIAL GAIN FROM TOWING COMPANY OR BOOTING COMPANY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/705168
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Full text
(a) A parking facility owner may not directly or indirectly accept anything of value from:
(1) a towing company in connection with the removal of a vehicle from a parking facility; or
(2) a booting company in connection with booting a vehicle in a parking facility.
(b) A parking facility owner may not have a direct or indirect monetary interest in:
(1) a towing company that for compensation removes unauthorized vehicles from a parking facility in which the parking facility owner has an interest; or
(2) a booting company that for compensation boots vehicles in a parking facility in which the parking facility owner has an interest.
(c) This section does not apply to a sign required under Section 2308.301 provided by a towing or booting company to a parking facility owner.