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Texas Penal Code

§ 32.34 — FRAUDULENT TRANSFER OF A MOTOR VEHICLE

PE § 32.34Title 7. OFFENSES AGAINST PROPERTY · Ch. 32. FRAUD · Art. C. CREDIT

Statute text

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(a)In this section:
(1)"Lease" means the grant of use and possession of a motor vehicle for consideration, whether or not the grant includes an option to buy the vehicle.
(2)"Motor vehicle" means a device in, on, or by which a person or property is or may be transported or drawn on a highway, except a device used exclusively on stationary rails or tracks.
(3)"Security interest" means an interest in personal property or fixtures that secures payment or performance of an obligation.
(4)"Third party" means a person other than the actor or the owner of the vehicle.
(5)"Transfer" means to transfer possession, whether or not another right is also transferred, by means of a sale, lease, sublease, lease assignment, or other property transfer.

Legislative history

Acts 2015, 84th Leg., R.S., Ch. 1251 (H.B. 1396), Sec. 18, eff. September 1, 2015.