Sec. 501.072. ODOMETER DISCLOSURE STATEMENT. (a) Except as provided by Subsection (c), the seller of a motor vehicle sold in this state shall provide to the buyer, on a form prescribed by the department, a written disclosure of the vehicle's odometer reading at the time of the sale. The form must include space for the signature and printed name of both the seller and buyer.
(b) When application for a certificate of title is made, the owner shall record the current odometer reading on the application. The written disclosure required by Subsection (a) must accompany the application.
(c) An odometer disclosure statement is not required for the sale of a motor vehicle that:
(1) has a manufacturer's rated carrying capacity of more than two tons;
(2) is not self-propelled;
(3) is 10 or more years old;
(4) is sold directly by the manufacturer to an agency of the United States government in conformity with contractual specifications; or
(5) is a new motor vehicle.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
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