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2025 Texas Statutes
Estates Code
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 C. Ownership and Operation of Accounts
Section 113.101. Effect of Certain Provisions Regarding Ownership Between Parties and Others
Universal Citation:
TX Est Code § 113.101 (2025)
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Sec. 113.101. EFFECT OF CERTAIN PROVISIONS REGARDING OWNERSHIP BETWEEN PARTIES AND OTHERS. The provisions of this subchapter and Subchapters B and D that relate to beneficial ownership between parties, or between parties and P.O.D. payees or beneficiaries of multiple-party accounts:
(1) are relevant only to controversies between those persons and those persons' creditors and other successors; and
(2) do not affect the withdrawal power of those persons under the terms of an account contract.
Added by Acts 2009, 81st Leg., R.S., Ch. 680, Sec. 1, eff. January 1, 2014.
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