DecisionDepot
California legal research

Texas Civil Practice and Remedies Code

§ 140B.104 — DISPOSITION OF FORFEITED PROPERTY

CP § 140B.104Title 6. MISCELLANEOUS PROVISIONS · Ch. 140B. CIVIL REMEDIES AND ENFORCEMENT RELATED TO RACKETEERING AND UNLAWFUL DEBT COLLECTION · Art. C. CIVIL REMEDIES

Statute text

View on source
(a)The state shall dispose of all forfeited property as soon as commercially feasible. If property is not exercisable or transferable for value by the state, the state may destroy or otherwise dispose of the property.
(b)All forfeitures or dispositions under this subchapter shall be made with due provision for the rights of innocent persons.
(c)The state shall promptly distribute the proceeds realized from the forfeiture and disposition of property under this section in accordance with Subchapter D.

Legislative history

Added by Acts 2023, 88th Leg., R.S., Ch. 885 (H.B. 4635), Sec. 2, eff. September 1, 2023.

Source: Texas Civil Practice and Remedies Code § 140B.104 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.