Texas Administrative Code
Title 43 - TRANSPORTATION
Part 10 - TEXAS DEPARTMENT OF MOTOR VEHICLES
Chapter 215 - MOTOR VEHICLE DISTRIBUTION
Subchapter B - ADJUDICATIVE PRACTICE AND PROCEDURE
Section 215.84 - Brokering, New Motor Vehicles
Current through Reg. 49, No. 38; September 20, 2024
(a) Unless excluded from the definition of "Broker" in Occupations Code, § 2301.002, a person may not act, offer to act, or claim to be a broker.
(b) For purposes of this chapter, the phrase "arranges or offers to arrange a transaction," as used in the definition of broker in Occupations Code, § 2301.002, includes the practice of arranging or offering to arrange a transaction involving the sale of a new motor vehicle for a fee, commission, or other valuable consideration. Advertising is not acting as a broker, provided the person's business primarily is broadcasting, printing, publishing, or advertising for others in their own names.
(c) A buyer referral service, program, plan, club, or any other entity that accepts a fee for arranging a transaction involving the sale of a new motor vehicle is a broker. The payment of a fee to such entity is aiding and abetting brokering. However, a referral service, program, plan, club, or other entity that forwards a referral to a franchised dealership may lawfully operate in a manner that includes all of the following conditions:
(d) This section does not apply to a person who is not a broker as defined in Occupations Code, § 2301.002.