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 215.85 - Brokering, Used Motor Vehicles
Current through Reg. 49, No. 38; September 20, 2024
(a) Transportation Code, §503.021 prohibits a person from engaging in business as a dealer, directly or indirectly, including by consignment without a GDN. Except as provided by this section, "directly or indirectly" includes the practice of arranging or offering to arrange a transaction involving the sale of a used motor vehicle for a fee, commission, or other valuable consideration. A person who is a bona fide employee of a dealer holding a GDN and acts for the dealer is not a broker for the purposes of this section.
(b) A buyer referral service, program, plan, club, or any other entity that accepts a fee for arranging a transaction involving the sale of a used motor vehicle is required to meet the requirements for and obtain a GDN, unless the referral service, program, plan, or club is operated in the following manner:
(c) A dealer holding a GDN pursuant to Transportation Code, § 503.029(a)(6)(B), may pay a referral fee in cash or value to an individual who has purchased a vehicle from the dealer within the four-year period preceding the referral. The fee may be paid contingent upon either the new referred individual: