Sec. 501.024.  TITLE RECEIPT.  (a)  A county assessor-collector who receives an application for a title shall issue a title receipt to the applicant containing the information concerning the motor vehicle required for issuance of a title under Section 501.021 or Subchapter I after:
(1)  the requirements of this chapter are met, including the payment of the fees required under Section 501.138; and
(2)  the information is entered into the department's titling system.
(b)  If a lien is not disclosed on the application for a title, the assessor-collector shall issue a title receipt to the applicant.
(c)  If a lien is disclosed on the application for a title, the assessor-collector shall issue a duplicate title receipt to the lienholder.
(d)  A title receipt with registration or permit authorizes the operation of the motor vehicle on a public highway in this state until the title is issued.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.  Amended by Acts 2001, 77th Leg., ch. 67, Sec. 2, eff. Sept. 1, 2001.
Amended by: 
Acts 2011, 82nd Leg., R.S., Ch. 1296 (H.B. 2357), Sec. 13, eff. January 1, 2012.
Acts 2013, 83rd Leg., R.S., Ch. 1135 (H.B. 2741), Sec. 45, eff. September 1, 2013.