Section 140B.101 - Civil Remedies A district court may, after making due provision for the rights of innocent persons, enjoin conduct constituting an offense under Section 72.02, 72.03, or 72.04, Penal Code, by issuing appropriate orders and judgments, including:
(1) ordering a defendant to divest of any interest in any enterprise, including real property; (2) imposing reasonable restrictions on the future activities or investments of a defendant, including prohibiting a defendant from engaging in the same type of endeavor as the enterprise in which the defendant was engaged in conduct constituting an offense under Section 72.02, 72.03, or 72.04, Penal Code; (3) ordering the dissolution or reorganization of an enterprise; (4) ordering the suspension or revocation of a license, permit, or approval previously granted to an enterprise by any state agency; or (5) ordering the forfeiture of the charter of a corporation organized under the laws of this state, or the revocation of a certificate allowing a foreign corporation to conduct business within this state, on finding that: (A) the board of directors or a managerial agent acting on behalf of the corporation, in conducting the affairs of the corporation, has authorized or engaged in conduct constituting an offense under Section 72.02, 72.03, or 72.04, Penal Code; and (B) for the prevention of future criminal activity, the public interest requires the charter of the corporation forfeited and the corporation dissolved or the certificate revoked. Tex. Civ. Prac. and Rem. Code § 140B.101
Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 885,Sec. 2, eff. 9/1/2023.