1. (a) A motor vehicle that is classified as a non-repairable motor vehicle or salvage motor vehicle based solely on flood damage may be sold or transferred only as provided by this section.
2. (b) A salvage vehicle dealer may sell, transfer, or release a non-repairable motor vehicle or salvage motor vehicle to anyone if a non-repairable or salvage vehicle title or a comparable out-of-state ownership document has been issued for the motor vehicle provided a written disclosure has been made that the vehicle has been classified as a non-repairable motor vehicle or salvage motor vehicle based solely on flood damage.

3. (c) If a non-repairable or salvage vehicle title or a comparable out-of-state ownership document has not been issued for the motor vehicle, a salvage vehicle dealer may only sell, transfer, or release a non-repairable motor vehicle or salvage motor vehicle to:

   1. (1) an insurance company;
   2. (2) a governmental entity;
   3. (3) a licensed salvage vehicle dealer;
   4. (4) an out-of-state buyer;
   5. (5) a metal recycler; or
   6. (6) a used automotive parts recycler, provided a written disclosure has been made that the vehicle has been classified as a non-repairable motor vehicle or salvage motor vehicle based solely on flood damage.

Source Note:The provisions of this §221.50 adopted to be effective December 9, 2015, 40 TexReg 8802.