CIVIL PRACTICE AND REMEDIES CODE


TITLE 4. LIABILITY IN TORT


Chapter 100B, consisting of Secs. 100B.001 to 100B.003, was added by Acts 2025, 89th Leg., R.S., Ch. 654 (H.B. 4281), Sec. 1.


For another Chapter 100B, consisting of Secs. 100B.001 to 100B.004, added by Acts 2025, 89th Leg., R.S., Ch. 1154 (S.B. 2373), Sec. 1, see Sec. 100B.001 et seq., post.


CHAPTER 100B. LIABILITY FOR FRAUDULENT CROWDFUNDING


Sec. 100B.001. DEFINITION. In this chapter, "fraudulent crowdfunding" means collecting donations on behalf of a donee with the intent to keep the donations instead of giving the donations to the donee on whose behalf the donations were made.

Added by Acts 2025, 89th Leg., R.S., Ch. 654 (H.B. 4281), Sec. 1, eff. September 1, 2025.

Sec. 100B.002. LIABILITY FOR FRAUDULENT CROWDFUNDING. A person who engages in fraudulent crowdfunding is liable to the donee on whose behalf the donations were made or the donee's estate.

Added by Acts 2025, 89th Leg., R.S., Ch. 654 (H.B. 4281), Sec. 1, eff. September 1, 2025.

Sec. 100B.003. DAMAGES. (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.

Added by Acts 2025, 89th Leg., R.S., Ch. 654 (H.B. 4281), Sec. 1, eff. September 1, 2025.