The following persons and their agents are exempt from the
licensing and other requirements described in this section:
(1) a franchised motor vehicle dealer or independent
motor vehicle dealer who holds a general distinguishing number issued
by the department under Texas Transportation Code Chapter 503;
(2) a vehicle lessor holding a license issued by the
Motor Vehicle Board under Chapter 2301, Texas Occupations Code, or
a trust or other entity that is specifically not required to obtain
a lessor license under §2301.254(a), Texas Occupations Code;
and
(3) a vehicle lease facilitator holding a license issued
by the Motor Vehicle Board under Chapter 2301, Texas Occupations Code.
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