Section 520.055 - Application Requirements: Corporation In addition to the information required in Section 520.054, an applicant for a motor vehicle title service license that intends to engage in business as a corporation shall submit the following information:
(1) the state of incorporation;(2) the name, address, date of birth, and social security number of each of the principal owners and directors of the corporation;(3) information about each officer and director as required by the county tax assessor-collector to establish the business reputation and character of the applicant; and(4) a statement indicating whether an employee, officer, or director has been refused a motor vehicle title service license or a title service runner's license or has been the holder of a license that was revoked or suspended.Tex. Transp. Code § 520.055
Added by Acts 1999, 76th Leg., ch. 1478, Sec. 2, eff. Sept. 1, 1999.