Texas Occupations Code 2301.552 – Appointment of Vehicle Lease Facilitator
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(a) A vehicle lessor may appoint one or more vehicle lease facilitators licensed under this chapter to represent the lessor in obtaining prospective vehicle lessees.
(b) An appointment must:
(1) be in writing;
(2) disclose its terms; and
(3) comply with board rules.
Terms Used In Texas Occupations Code 2301.552
- in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
- 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