Sec. 115.006. CREDITOR CLAIMS; ALLOWANCES IN LIEU OF EXEMPT PROPERTY AND FAMILY ALLOWANCES. Sections 114.104(b), (c), and (d) and Section 114.106 apply to a transfer of an owner's interest in a motor vehicle by a beneficiary designation in the same manner and to the same extent as a transfer of real property under a transfer on death deed under Chapter 114.
Added by Acts 2017, 85th Leg., R.S., Ch. 586 (S.B. 869), Sec. 1, eff. September 1, 2017.
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 115 - Beneficiary Designation for Motor Vehicles
Section 115.002. Beneficiary Designation Authorized
Section 115.003. Joint Ownership
Section 115.004. Effect of Beneficiary Designation During Owner's Life
Section 115.005. Effect of Beneficiary Designation at Owner's or Last Surviving Owner's Death
Section 115.006. Creditor Claims; Allowances in Lieu of Exempt Property and Family Allowances