Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
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, Texas Acts of the 88th Leg.- Regular Session, ch. 885,Sec. 6, eff. 9/1/2023.