Texas Health and Safety Code 481.126 – Offense: Illegal Barter, Expenditure, or Investment
(a) A person commits an offense if the person:
(1) barters property or expends funds the person knows are derived from the commission of a first degree felony offense under this chapter punishable by imprisonment in the Texas Department of Criminal Justice for life;
(2) barters property or expends funds the person knows are derived from the commission of an offense under § 481.121(a) that is punishable under § 481.121(b)(5);
(3) barters property or finances or invests funds the person knows or believes are intended to further the commission of an offense for which the punishment is described by Subdivision (1); or
(4) barters property or finances or invests funds the person knows or believes are intended to further the commission of an offense under § 481.121(a) that is punishable under § 481.121(b)(5).
(b) An offense under Subsection (a)(1) or (3) is a felony of the first degree. An offense under Subsection (a)(2) or (4) is a felony of the second degree.
Attorney's Note
Under the Texas Codes, punishments for crimes depend on the classification. In the case of this section:Class | Prison | Fine |
---|---|---|
First degree felony | between 5 years and life | up to $10,000 |
Terms Used In Texas Health and Safety Code 481.126
- Justice: when applied to a magistrate, means justice of the peace. See Texas Government Code 312.011
- 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
- Property: means real and personal property. See Texas Government Code 311.005