Sec. 3.404. APPLICATION OF INCEPTION OF TITLE RULE; OWNERSHIP INTEREST NOT CREATED. (a) This subchapter does not affect the rule of inception of title under which the character of property is determined at the time the right to own or claim the property arises.
(b) A claim for reimbursement under this subchapter does not create an ownership interest in property, but does create a claim against the property of the benefited estate by the contributing estate. The claim matures on dissolution of the marriage or the death of either spouse.
Added by Acts 1999, 76th Leg., ch. 692, Sec. 2, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 838, Sec. 2, eff. Sept. 1, 2001.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 768 (S.B. 866), Sec. 4, eff. September 1, 2009.
Structure Texas Statutes
Title 1 - The Marriage Relationship
Subtitle B - Property Rights and Liabilities
Chapter 3 - Marital Property Rights and Liabilities
Subchapter E. Claims for Reimbursement
Section 3.402. Claim for Reimbursement; Offsets
Section 3.404. Application of Inception of Title Rule; Ownership Interest Not Created
Section 3.405. Management Rights