Texas Penal Code §32.45 — Misapplication of Fiduciary Property

A person commits an offense if he intentionally, knowingly, or recklessly misapplies property he holds as a fiduciary or property of a financial institution in a manner that involves substantial risk of loss to the owner of the property or to a person for whose benefit the property is held.

Texas Penal Code Section 32.45 – Misapplication of Fiduciary Property or Property of Financial Institution