Tex. Agric. Code § 147.064 · Subchapter D. PENALTIES
APPROPRIATION OF PROCEEDS OF SALE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A person commits an offense if, as a livestock commission merchant, the person appropriates or uses any portion of the net proceeds of the sale of livestock for a purpose other than remitting the proceeds under Section 147.004 of this code.
(b) A person commits an offense if, as a livestock auction commission merchant, the person appropriates or uses any portion of the net proceeds of the sale of livestock for a purpose other than remitting the proceeds under Section 147.004 of this code.
(c) An offense under Subsection (a) is a felony punishable by imprisonment in the Texas Department of Criminal Justice for not less than two years nor more than four years.
(d) An offense under Subsection (b) of this section is a misdemeanor punishable by:
(1) a fine of not more than $1,000; and
(2) confinement in county jail for not more than one year.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1383, ch. 388, Sec. 1, eff. Sept. 1, 1981.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 25.004, eff. September 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/AG/htm/AG.147.htm
- Text hash
- sha256 a38aeda8a85bf5fd942106d6c14b6136a1fdbe474de6e7c4eb92095d8ac8e520
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
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