Texas Civil Practice and Remedies Code Chapter 140B > Subchapter D – Disposition of Funds Obtained Through Forfeiture Actions
Current as of: 2024 | Check for updates
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Other versions
| § 140B.151 | Initial Distribution |
| § 140B.152 | Distribution of Remaining Money |
| § 140B.153 | Effect On Settlements |
| § 140B.154 | Temporary Deposit in Court Registry |
Terms Used In Texas Civil Practice and Remedies Code Chapter 140B > Subchapter D - Disposition of Funds Obtained Through Forfeiture Actions
- Civil forfeiture: The loss of ownership of property used to conduct illegal activity.
- Conviction: A judgement of guilt against a criminal defendant.
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.