Sec. 113.158. NONTESTAMENTARY NATURE OF CERTAIN TRANSFERS. Transfers resulting from the application of Sections 113.151, 113.152, 113.153, and 113.155 are effective by reason of the account contracts involved and this chapter and are not to be considered testamentary transfers or subject to the testamentary provisions of this title.
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 113 - Multiple-Party Accounts
Subchapter D. Rights of Survivorship in Accounts
Section 113.152. Ownership of P
Section 113.153. Ownership of Trust Account on Death of Trustee
Section 113.154. Ownership of Convenience Account on Death of Party
Section 113.155. Effect of Death of Party on Certain Accounts Without Rights of Survivorship
Section 113.156. Applicability of Certain Provisions on Death of Party
Section 113.157. Written Notice to Financial Institutions Regarding Form of Account
Section 113.158. Nontestamentary Nature of Certain Transfers