Sec. 112.207. DEBTORS AND OTHER PERSONS WITHOUT NOTICE OF REVOCATION OF AGREEMENT. (a) This section applies only to a person or entity who:
(1) owes money to a deceased spouse; or
(2) has custody of property or acts as registrar or transfer agent of any evidence of interest, indebtedness, property, or right owned by a deceased spouse before that spouse's death.
(b) If a person or entity is presented with the original or a certified copy of an agreement creating a right of survivorship in property described by Subsection (a) in the surviving spouse, purportedly signed by both spouses, and if the person or entity has no actual knowledge that the agreement was revoked, the person or entity may pay or transfer that property to the surviving spouse and shall be discharged from all claims for those amounts or property paid or transferred.
Added by Acts 2009, 81st Leg., R.S., Ch. 680, Sec. 1, eff. January 1, 2014.
Structure Texas Statutes
Title 2 - Estates of Decedents; Durable Powers of Attorney
Subtitle C - Passage of Title and Distribution of Decedents' Property in General
Chapter 112 - Community Property With Right of Survivorship
Subchapter E. Third Parties Dealing With Community Property Subject to Right of Survivorship
Section 112.201. Definition of Certified Copy
Section 112.202. Actual Knowledge or Notice of Agreement
Section 112.203. Personal Representative Without Actual Knowledge of Agreement
Section 112.204. Third-Party Purchaser Without Notice of Agreement
Section 112.205. Debtors and Other Persons Without Notice of Agreement
Section 112.206. Third-Party Purchaser Without Notice of Revocation of Agreement
Section 112.207. Debtors and Other Persons Without Notice of Revocation of Agreement
Section 112.208. Rights of Surviving Spouse Against Creditors