Sec. 2352.102. SALE, TRANSFER, OR PASSAGE OF TITLE. A manufacturer or distributor may not unreasonably withhold approval of a sale, transfer, or passage of title of a dealer, agreement, management of the dealer, or designation of a successor dealer if:
(1) the dealer complies with any provisions in the agreement for the sale, transfer, or passage of title;
(2) the transferee meets the criteria:
(A) stated in the agreement; or
(B) generally applied by the manufacturer or distributor in similar situations; and
(3) the transferee agrees to be bound by the terms and conditions of the manufacturer's or distributor's standard agreement.
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. June 1, 2003.
Section: Previous 2352.052 2352.0521 2352.0522 2352.0523 2352.0524 2352.053 2352.101 2352.102 2352.103 2352.104 2352.105 2352.1051 2352.106 2352.107 2352.201 NextLast modified: September 28, 2016