If the misapplication of trust funds by a trustee constitutes another offense punishable under the laws of this state, the state may elect the offense for which it will prosecute the trustee.
Tex. Prop. Code § 162.033
ELECTION OF OFFENSES
Acts 1983, 68th Leg., p. 3722, ch. 576, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.