(a) In accordance with this chapter, the board shall:
(1) administer this chapter;
(2) establish the qualifications of license holders;
(3) ensure that the distribution, sale, and lease of motor vehicles is conducted as required by this chapter and board rules;
(4) provide for compliance with warranties; and
(5) prevent fraud, unfair practices, discrimination, impositions, and other abuses in connection with the distribution and sale of motor vehicles.
(b) In addition to the duties delegated to the board under this chapter, the board shall enforce and administer Chapter 503, Transportation Code.

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Terms Used In Texas Occupations Code 2301.152

  • Fraud: Intentional deception resulting in injury to another.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC