Sec. 32.43. COMMERCIAL BRIBERY. (a) For purposes of this section:
(1) "Beneficiary" means a person for whom a fiduciary is acting.
(2) "Fiduciary" means:
(A) an agent or employee;
(B) a trustee, guardian, custodian, administrator, executor, conservator, receiver, or similar fiduciary;
(C) a lawyer, physician, accountant, appraiser, or other professional advisor; or
(D) an officer, director, partner, manager, or other participant in the direction of the affairs of a corporation or association.
(b) A person who is a fiduciary commits an offense if, without the consent of his beneficiary, he intentionally or knowingly solicits, accepts, or agrees to accept any benefit from another person on agreement or understanding that the benefit will influence the conduct of the fiduciary in relation to the affairs of his beneficiary.
(c) A person commits an offense if he offers, confers, or agrees to confer any benefit the acceptance of which is an offense under Subsection (b).
(d) An offense under this section is a state jail felony.
(e) In lieu of a fine that is authorized by Subsection (d), and in addition to the imprisonment that is authorized by that subsection, if the court finds that an individual who is a fiduciary gained a benefit through the commission of an offense under Subsection (b), the court may sentence the individual to pay a fine in an amount fixed by the court, not to exceed double the value of the benefit gained. This subsection does not affect the application of Section 12.51(c) to an offense under this section committed by a corporation, an association, a limited liability company, or another business entity, as defined by Section 7.21.
Acts 1973, 63rd Leg., p. 883, ch. 399, Sec. 1, eff. Jan. 1, 1974. Amended by Acts 1983, 68th Leg., p. 1942, ch. 357, Sec. 1, eff. Sept. 1, 1983; Acts 1993, 73rd Leg., ch. 900, Sec. 1.01, eff. Sept. 1, 1994.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 112 (S.B. 1258), Sec. 5, eff. September 1, 2019.
Structure Texas Statutes
Title 7 - Offenses Against Property
Subchapter D. Other Deceptive Practices
Section 32.41. Issuance of Bad Check or Similar Sight Order
Section 32.42. Deceptive Business Practices
Section 32.43. Commercial Bribery
Section 32.44. Rigging Publicly Exhibited Contest
Section 32.441. Illegal Recruitment of an Athlete
Section 32.45. Misapplication of Fiduciary Property or Property of Financial Institution
Section 32.46. Fraudulent Securing of Document Execution
Section 32.47. Fraudulent Destruction, Removal, or Concealment of Writing
Section 32.48. Simulating Legal Process
Section 32.49. Refusal to Execute Release of Fraudulent Lien or Claim
Section 32.50. Deceptive Preparation and Marketing of Academic Product
Section 32.51. Fraudulent Use or Possession of Identifying Information
Section 32.52. Fraudulent, Substandard, or Fictitious Degree
Section 32.53. Exploitation of Child, Elderly Individual, or Disabled Individual