Texas Transportation Code

§ 520.055 — APPLICATION REQUIREMENTS: CORPORATION

TN § 520.055Title 7. VEHICLES AND TRAFFIC · Part A. CERTIFICATES OF TITLE AND REGISTRATION OF VEHICLES · Ch. 520. MISCELLANEOUS PROVISIONS · Art. E. MOTOR VEHICLE TITLE SERVICES

Statute text

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In addition to the information required in Section 520.054, an applicant for a motor vehicle title service license that intends to engage in business as a corporation shall submit the following information:

(1)the state of incorporation;

(2)the name, address, date of birth, and social security number of each of the principal owners and directors of the corporation;

(3)information about each officer and director as required by the county tax assessor-collector to establish the business reputation and character of the applicant; and

(4)a statement indicating whether an employee, officer, or director has been refused a motor vehicle title service license or a title service runner's license or has been the holder of a license that was revoked or suspended.

Legislative history

Added by Acts 1999, 76th Leg., ch. 1478, Sec. 2, eff. Sept. 1, 1999.