{"data":{"id":"us-tx/tex.-estates-code-255.253","jurisdiction":"us-tx","citation":"Tex. Estates Code § 255.253","heading":"CASH DISTRIBUTION NOT INCLUDED IN DEVISE.","body":"Unless the will of a testator clearly provides otherwise, a devise of securities does not include a cash distribution relating to the securities that accrues before the testator's death, regardless of whether the distribution is paid before the testator's death.\nAdded by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.","path":["ESTATES CODE","TITLE 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY","SUBTITLE F. WILLS","CHAPTER 255. CONSTRUCTION AND INTERPRETATION OF WILLS","SUBCHAPTER F. DEVISE OF SECURITIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/ES/htm/ES.255.htm#255.253","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:08Z","sha256":"510931048badcfb1e91794b00a4e5e5661deb933e074759df6af811b4684e891","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-estates-code-255.252","next":"us-tx/tex.-estates-code-255.301"},"notice":"GroundRules: Original legal text. Not legal advice."}