Tex. Civ. Practice & Remedies Code Section 140B.001
Definitions

In this chapter:

(1)

“Beneficial interest”:

(A)

means the interest of a person:
(i)
as a beneficiary under a trust established under the Texas Trust Code (Subtitle B, Title 9, Property Code) in which the trustee for the trust holds legal or record title to real property;
(ii)
as a beneficiary under any other trust arrangement under which a trustee holds legal or record title to real property for the benefit of the person; or
(iii)
under any other form of express fiduciary arrangement under which any other person holds legal or record title to real property for the benefit of the person; and

(B)

does not include the interest of a shareholder in a corporation or the interest of a partner in either a general partnership or a limited partnership.

(2)

“Cash or cash proceeds” includes:

(A)

damages, penalties, or any other monetary payment;

(B)

monetary proceeds from property forfeited to the state under Subchapter C; or

(C)

any payment made by a defendant by reason of a decree or settlement in an action filed under Subchapter C.

(3)

“Enterprise” means a legal entity, group of individuals associated in fact, or a combination of those entities and individuals.

(4)

“Investigative agency” means the Department of Public Safety, the attorney general, or a local prosecutor.

(5)

“Local prosecutor” means a district attorney, criminal district attorney, or county attorney with felony criminal jurisdiction.

(6)

“Money” means funds as defined by Section 34.01 (Definitions), Penal Code.

(7)

“Real property” means any real property or any interest in real property, including any lease of or mortgage on real property.
Added by Acts 2023, 88th Leg., R.S., Ch. 885 (H.B. 4635), Sec. 2, eff. September 1, 2023.

Source: Section 140B.001 — Definitions, https://statutes.­capitol.­texas.­gov/Docs/CP/htm/CP.­140B.­htm#140B.­001 (accessed May 18, 2024).

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Accessed:
May 18, 2024

§ 140B.001’s source at texas​.gov