7 Tex. Admin. Code § 84.101 - Purpose and Scope
(a) Purpose. The purpose of this chapter is to assist in the administration and enforcement of Texas Finance Code, Chapter 348.
(b) Scope. This chapter applies to:
(1) all persons engaged in the business of selling motor vehicles to retail buyers in transactions in which a retail buyer purchases a motor vehicle from a retail seller and agrees with the retail seller to pay part or all of the cash price in one or more deferred installments; and
(2) all persons that acquire or otherwise receive retail installment sales contracts unless specifically exempted from licensing by Texas Finance Code, Chapter 348.
Notes
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