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Tex. Fin. Code § 348.413

TRANSFER OF EQUITY

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff

(a) With the written consent of the holder, a retail buyer may transfer at any time the buyer's equity in the motor vehicle subject to the retail installment contract to another person.

(b) The holder may charge for the transfer of equity an amount that does not exceed $25.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.