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Texas Penal Code

§ 72.03 — ACQUISITION OF INTEREST IN PROPERTY OR CONTROL OF ENTERPRISE THROUGH RACKETEERING OR UNLAWFUL DEBT COLLECTION

PE § 72.03Title 11. ORGANIZED CRIME · Ch. 72. RACKETEERING AND UNLAWFUL DEBT COLLECTION

Statute text

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(a)A person commits an offense if the person, knowingly through a pattern of racketeering or through the collection of an unlawful debt, acquires or maintains, directly or indirectly, any interest in or control of any enterprise or real property.
(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.

Legislative history

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