1. (a) Each licensed MVTS must inform the Montgomery County Tax Assessor-Collector of a change to its primary physical and/or mailing address by submitting a written notification on MVTS letterhead to the Montgomery County Tax Assessor-Collector. The Montgomery County Tax Assessor-Collector shall update the address information upon receipt of the notification.
2. (b) A licensed MVTS shall report a change to its principals, partners, owners, officers, or directors as provided in §445.14 of this chapter (relating to Suspension).
3. (c) A licensed MVTS shall report a change to a sponsored runner, including separation of employment, name change, ineligibility, or change of business address.

4. (d) Each licensed MVTS must keep a file at its principal place of business:

   1. (1) the MVTS license issued to them (displayed), a copy of the application (including all submitted documentation), and the receipt for the application;
   2. (2) a copy of each license issued to a Runner for that MVTS, and of the Application (including all submitted documentation) submitted by each licensed runner; and
   3. (3) all records required by Transportation Code § 520.057.

5. (e) Each licensed MVTS shall maintain records as required by the Montgomery County Tax Assessor-Collector for each transaction in which the license holder receives compensation. The records shall include:

   1. (1) the date of the transaction;
   2. (2) the name, age, address, sex, driver's license number, and a legible photocopy of the driver's license for each customer; and
   3. (3) the vehicle make, model, year, license plate number, vehicle identification number, and a legible photocopy of proof of financial responsibility for the motor vehicle involved.

6. (f) Each licensed MVTS shall keep:

   1. (1) Two (2) copies of all records required under this section for at least two years after the date of the transaction;
   2. (2) legible photocopies of any documents submitted by a customer; and
   3. (3) legible photocopies of any documents submitted to the Montgomery County Tax Assessor-Collector.
7. (g) A motor vehicle title service license holder or any of its employees shall allow an inspection of the required records by a peace officer on the premises of the motor vehicle title service at any reasonable time to verify, check, or audit the records.

Source Note:The provisions of this §445.10 adopted to be effective December 29, 2025, 50 TexReg 8629.