Tex. Prop. Code § 5.259 · Subchapter H. PURCHASE OR ACQUISITION OF REAL PROPERTY BY CERTAIN FOREIGN INDIVIDUALS OR ENTITIES
CIVIL PENALTY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The attorney general may bring an action in the name of the state against a company or entity that violates this subchapter.
(b) A company or entity that a court determines in an action brought under this section to have violated this subchapter is liable to the state for a civil penalty equal to the greater of:
(1) $250,000; or
(2) 50 percent of the market value of the interest in real property that is the subject of the violation.
Notes and commentary — not statutory text
History
Added by Acts 2025, 89th Leg., R.S., Ch. 956 (S.B. 17), Sec. 4, 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/PR/htm/PR.5.htm
- Text hash
- sha256 bae7e6d63aaa6a91ac4290fbd88706e3c346c04a3c9a37184fad05402b3339f1
- 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
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.