Sec. 752.115. EXISTING INTERESTS; FOREIGN INTERESTS. The powers described by Sections 752.102-752.1145 may be exercised equally with respect to an interest the principal has at the time the durable power of attorney is executed or acquires later, whether or not:
(1) the property is located in this state; or
(2) the powers are exercised or the durable power of attorney is executed in this state.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.01, eff. January 1, 2014.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 400 (S.B. 1193), Sec. 4, eff. September 1, 2017.
Structure Texas Statutes
Title 2 - Estates of Decedents; Durable Powers of Attorney
Subtitle P - Durable Powers of Attorney
Chapter 752 - Statutory Durable Power of Attorney
Subchapter C. Construction of Powers Related to Statutory Durable Power of Attorney
Section 752.101. Construction in General
Section 752.102. Real Property Transactions
Section 752.103. Tangible Personal Property Transactions
Section 752.104. Stock and Bond Transactions
Section 752.105. Commodity and Option Transactions
Section 752.106. Banking and Other Financial Institution Transactions
Section 752.107. Business Operation Transactions
Section 752.108. Insurance and Annuity Transactions
Section 752.109. Estate, Trust, and Other Beneficiary Transactions
Section 752.110. Claims and Litigation
Section 752.111. Personal and Family Maintenance
Section 752.112. Benefits From Certain Governmental Programs or Civil or Military Service
Section 752.113. Retirement Plan Transactions