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Texas Business & Commerce Code

§ 27.015 — DECEPTIVE TRADE PRACTICE; PUBLIC REMEDY

BC § 27.015Title 3. INSOLVENCY, FRAUDULENT TRANSFERS, AND FRAUD · Ch. 27. FRAUD

Statute text

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(a)In this section, "consumer protection division" has the meaning assigned by Section 17.45.
(b)A violation of Section 27.01 that relates to the transfer of title to real estate is a false, misleading, or deceptive act or practice as defined by Section 17.46(b), and any public remedy under Subchapter E, Chapter 17, is available for a violation of that section.
(c)It is the duty of city attorneys to lend the consumer protection division any reasonable assistance requested in the commencement and prosecution of actions under this section.
(d)To the same extent and in the same manner a district or county attorney may institute or prosecute an action under this section, a city attorney may institute or prosecute an action under this section.
(e)If a district, county, or city attorney brings an action under this section, 75 percent of any penalty recovered shall be deposited in the general fund of the county or municipality in which the violation occurred.
(f)This section does not apply to an action to recover damages that is subject to Chapter 27, Property Code.

Legislative history

Added by Acts 2015, 84th Leg., R.S., Ch. 1083 (H.B. 2590), Sec. 1, eff. September 1, 2015.

Source: Texas Business & Commerce Code § 27.015 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.