Tex. Estates Code § 113.103: OWNERSHIP OF P.O.D. ACCOUNT DURING ORIGINAL PAYEE'S LIFETIME.
Where this section sits in the code
- 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
(a) During the lifetime of an original payee of a P.O.D. account, the account belongs to the original payee and does not belong to the P.O.D. payee or payees.
(b) If two or more parties are named as original payees of a P.O.D. account, during the parties' lifetimes rights between the parties are governed by Section 113.102.
Added by Acts 2009, 81st Leg., R.S., Ch. 680, Sec. 1, eff. January 1, 2014.
Collected 2026-08-27T01:47:08Z. Source file · JSON