(a) The seller of a motor vehicle sold in a seller-financed sale shall apply for the registration of, and a Texas certificate of title for, the motor vehicle in the name of the purchaser to the appropriate county tax assessor-collector not later than the 45th day after the date the motor vehicle is delivered to the purchaser.
(b) The seller shall provide to the county tax assessor-collector a joint statement as prescribed by § 152.062 in lieu of the motor vehicle sales tax imposed by § 152.021. The statement shall include the seller’s permit identification number issued by the comptroller.