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Texas Penal Code

§ 28.06 — AMOUNT OF PECUNIARY LOSS

PE § 28.06Title 7. OFFENSES AGAINST PROPERTY · Ch. 28. ARSON, CRIMINAL MISCHIEF, AND OTHER PROPERTY DAMAGE OR DESTRUCTION

Statute text

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(a)The amount of pecuniary loss under this chapter, if the property is destroyed, is:
(1)the fair market value of the property at the time and place of the destruction; or
(2)if the fair market value of the property cannot be ascertained, the cost of replacing the property within a reasonable time after the destruction.
(b)The amount of pecuniary loss under this chapter, if the property is damaged, is the cost of repairing or restoring the damaged property within a reasonable time after the damage occurred.
(c)The amount of pecuniary loss under this chapter for documents, other than those having a readily ascertainable market value, is:
(1)the amount due and collectible at maturity less any part that has been satisfied, if the document constitutes evidence of a debt; or

Legislative history

Acts 2015, 84th Leg., R.S., Ch. 1251 (H.B. 1396), Sec. 6, eff. September 1, 2015.