| (a) A salvage vehicle dealer must retain at the licensed
business location, or have electronic access at the licensed business
location of records stored electronically, a complete record of all
purchases and sales of salvage motor vehicles and nonrepairable motor
vehicles for a minimum period of 36 months from the date of the transaction.
(b) A salvage vehicle dealer shall maintain at the
licensed business location a record of each vehicle that is dismantled,
scrapped or destroyed, and a photocopy of the front and back of all
salvage vehicle titles and nonrepairable vehicle titles, or a photocopy
or electronic copy of all salvage records of title, and nonrepairable
records of title, and, if applicable, a photocopy of any out-of-state
evidence of ownership surrendered to the department, until the third
anniversary of the date the report was acknowledged as received by
the department.
(c) A salvage vehicle dealer utilizing the department's
web-based title application known as webDEALER, as defined in §217.71
of this title (relating to Automated and Web-Based Vehicle Registration
and Title Systems), must comply with §217.74 of this title (relating
to Access to and Use of webDEALER). Original hard copy titles are
not required to be kept at the licensed business location but must
be made available to the department upon request.
|
| Source Note: The provisions of this §221.72 adopted to be effective December 9, 2015, 40 TexReg 8802; amended to be effective March 1, 2018, 43 TexReg 1147; amended to be effective June 1, 2024, 49 TexReg 2760 |
