Transportation Code § 503.005

Sec. 503.005. NOTICE OF SALE OR TRANSFER. (a) A manufacturer or dealer shall immediately notify the department if the manufacturer or dealer transfers, including by sale or lease, a motor vehicle, trailer, or semitrailer to a person other than a manufacturer or dealer. (b) The notice must be in writing using the form provided by the department and must include: (1) the date of the transfer; (2) the names and addresses of the transferrer and transferee; and (3) a description of the vehicle. (c) A dealer who submits information to the database under Section 503.0631 satisfies the requirement for the dealer to notify the department of the sale or transfer of a motor vehicle, trailer, or semitrailer under this section. (d) The notice required under this section is in addition to the application for vehicle registration and certificate of title a dealer is required to submit under Section 501.0234. Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995. Amended by: Acts 2007, 80th Leg., R.S., Ch. 258 (S.B. 11), Sec. 8.01, eff. September 1, 2007. Acts 2007, 80th Leg., R.S., Ch. 1336 (S.B. 1786), Sec. 1, eff. September 1, 2007.