Texas statute

Tex. Penal Code § 72.02 — Use of proceeds derived from racketeering or unlawful debt collection

Current through 89th Legislature, 2nd Called Session (2025)

Part of Chapter 72: RACKETEERING AND UNLAWFUL DEBT COLLECTION, Texas Penal Code.

Full text of Tex. Penal Code § 72.02

Statutory text current through the 89th Legislature, 2nd Called Session (2025). This publication reproduces the official statutory text; it is not the official statutes of the State of Texas.

Tex. Penal Code § 72.02Primary source, current through the 89th Legislature, 2nd Called Session (2025)

(a) A person commits an offense if the person intentionally uses or invests, whether directly or indirectly, any part of any proceeds knowingly derived, directly or indirectly, from a pattern of racketeering or through the collection of an unlawful debt, or the proceeds derived from the investment or use of those proceeds, in acquiring title to, or any right, interest, or equity in, real property or in the establishment or operation of any enterprise. (b) An offense under this section is a felony of the second degree. (c) If conduct that constitutes an offense under this section also constitutes an offense under any other law, the actor may be prosecuted under this section, the other law, or both.

Official sources

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