Texas Occupations Code 2301.5555 – Authority to Sign Vehicle Lease as Lessor
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Occupations Code 2301.5555
- 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
Notwithstanding § 2301.251, a licensed vehicle lease facilitator may sign a vehicle lease agreement as a vehicle lessor before the vehicle lease is assigned, transferred, or conveyed to an ultimate lessor.