Section 2308.401 - Parking Facility Owner Prohibited From Receiving Financial Gain From Towing Company or Booting Company(a) A parking facility owner may not directly or indirectly accept anything of value from: (1) a towing company in connection with the removal of a vehicle from a parking facility; or(2) a booting company in connection with booting a vehicle in a parking facility.(b) A parking facility owner may not have a direct or indirect monetary interest in:(1) a towing company that for compensation removes unauthorized vehicles from a parking facility in which the parking facility owner has an interest; or(2) a booting company that for compensation boots vehicles in a parking facility in which the parking facility owner has an interest.(c) This section does not apply to a sign required under Section 2308.301 provided by a towing or booting company to a parking facility owner.Tex. Occ. Code § 2308.401
Subchapter heading amended by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 967,Sec. 14.011, eff. 6/15/2017.Subchapter heading amended by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 919,Sec. 19, eff. 6/15/2017.Amended By Acts 2011, 82nd Leg., R.S., Ch. 353, Sec. 14, eff. 9/1/2011.Amended By Acts 2009, 81st Leg., R.S., Ch. 845, Sec. 16, eff. 9/1/2009.Renumbered from Transportation Code, Section 684.081 by Acts 2007, 80th Leg., R.S., Ch. 1046, Sec. 2.06, eff. 9/1/2007.Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. 9/1/1995.