Tex. Occupations Code § 2352.103
FINANCING
Texas · Texas Occupations Code · Status: effective
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- Citation
- Tex. Occupations Code § 2352.103, FINANCING, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/705358
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Full text
(a) A manufacturer or distributor may not require a dealer to finance through a particular financing source a new boat or new boat motor sold by the dealer.
(b) A manufacturer or distributor may not require a dealer to act as the manufacturer's or distributor's agent in securing:
(1) a promissory note and security agreement in connection with the sale or purchase of a new boat or new boat motor; or
(2) an insurance policy on the operation of a new boat or new boat motor.