Sec. 9.011. RIGHT TO FUTURE PROPERTY. (a) The court may, by any remedy provided by this chapter, enforce an award of the right to receive installment payments or a lump-sum payment due on the maturation of an existing vested or nonvested right to be paid in the future.
(b) The subsequent actual receipt by the non-owning party of property awarded to the owner in a decree of divorce or annulment creates a fiduciary obligation in favor of the owner and imposes a constructive trust on the property for the benefit of the owner.
Added by Acts 1997, 75th Leg., ch. 7, Sec. 1, eff. April 17, 1997.
Structure Texas Statutes
Title 1 - The Marriage Relationship
Subtitle C - Dissolution of Marriage
Chapter 9 - Post-Decree Proceedings
Subchapter A. Suit to Enforce Decree
Section 9.001. Enforcement of Decree
Section 9.002. Continuing Authority to Enforce Decree
Section 9.003. Filing Deadlines
Section 9.004. Applicability to Undivided Property
Section 9.006. Enforcement of Division of Property
Section 9.007. Limitation on Power of Court to Enforce
Section 9.008. Clarification Order
Section 9.009. Delivery of Property
Section 9.010. Reduction to Money Judgment