43 Tex. Admin. Code § 221.53

Current through Reg. 49, No. 50; December 13, 2024
Section 221.53 - Casual Sales
(a) A license holder may not make more than five (5) casual sales of salvage motor vehicles or nonrepairable motor vehicles during a calendar year to the same person.
(b) A license holder must maintain records of each casual sale made in accordance with § 217.88 of this title (relating to Sale, Transfer, or Release of Ownership of a Nonrepairable or Salvage Motor Vehicle).
(c) A person who purchases a salvage motor vehicle or a nonrepairable motor vehicle through a casual sale may not sell that salvage motor vehicle or nonrepairable motor vehicle until the salvage vehicle title, salvage record or title, nonrepairable vehicle title or nonrepairable record of title, as applicable, is in the person's name.

43 Tex. Admin. Code § 221.53

Adopted by Texas Register, Volume 40, Number 49, December 4, 2015, TexReg 8808, eff. 12/9/2015; Amended by Texas Register, Volume 42, Number 25, June 23, 2017, TexReg 3282, eff. 7/2/2017; Amended by Texas Register, Volume 49, Number 17, April 26, 2024, TexReg 2767, eff. 6/1/2024