Section 401.7 - Record Keeping(a) A holder of a motor vehicle title service license shall maintain records as required by Texas law for each transaction in which the license holder receives compensation. The records shall include:(1) the date of the transaction;(2) the name, age, address, sex, driver license number, and a legible photocopy of the driver's license for each customer; and(3) the vehicle make, model, year, license plate number, vehicle identification number, and a legible photocopy of proof of financial responsibility for the motor vehicle involved.(b) A motor vehicle title service shall keep, for at least two (2) years after the date of the transaction: (1) two copies of all records required under this section;(2) legible photocopies of any documents submitted by a customer; and(3) legible photocopies of any documents submitted to the Hidalgo County Tax Assessor-Collector.(c) A motor vehicle title service license holder or any of its employees shall allow an inspection of the required records by a peace officer on the premises of the motor vehicle title service at any reasonable time to verify, check, or audit the records. Failure to do so, or to maintain required records, may result in discipline under these rules.43 Tex. Admin. Code § 401.7
Adopted by Texas Register, Volume 41, Number 26, June 24, 2016, TexReg 4650, eff. 6/29/2016