Tex. Civ. Prac. & Rem. Code § 100B.003 · Chapter 100B. LIABILITY FOR FRAUDULENT CROWDFUNDING
DAMAGES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A court shall award a donee or donee's estate who prevails in an action brought under this chapter:
(1) 125 percent of the amount of donations the defendant collected on behalf of the donee through the fraudulent crowdfunding; and
(2) reasonable and necessary attorney's fees.
(b) Nothing in this section prevents the donee or the donee's estate from pursuing a claim for exemplary damages under Chapter 41 for the defendant's fraudulent crowdfunding.
Notes and commentary — not statutory text
History
Added by Acts 2025, 89th Leg., R.S., Ch. 654 (H.B. 4281), Sec. 1, eff. September 1, 2025.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/CP/htm/CP.100B.htm
- Text hash
- sha256 e73a24afa2df57b2579307678e2f5ab44c3a71416984aa77a6598fef162229ea
- 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
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