Tex. Penal Code Section 72.02
Use of Proceeds Derived from Racketeering or Unlawful Debt Collection

(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.
Added by Acts 2023, 88th Leg., R.S., Ch. 885 (H.B. 4635), Sec. 6, eff. September 1, 2023.

Source: Section 72.02 — Use of Proceeds Derived from Racketeering or Unlawful Debt Collection, https://statutes.­capitol.­texas.­gov/Docs/PE/htm/PE.­72.­htm#72.­02 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 72.02’s source at texas​.gov