Tex. Est. Code Section 113.155
Effect of Death of Party on Certain Accounts Without Rights of Survivorship


The death of a party to a multiple-party account to which Sections 113.151 (Establishment of Right of Survivorship in Joint Account; Ownership on Death of Party), 113.152, and 113.153 (Ownership of Trust Account on Death of Trustee) do not apply has no effect on the beneficial ownership of the account, other than to transfer the rights of the deceased party as part of the deceased party’s estate.
Added by Acts 2009, 81st Leg., R.S., Ch. 680, Sec. 1, eff. January 1, 2014.

Source: Section 113.155 — Effect of Death of Party on Certain Accounts Without Rights of Survivorship, https://statutes.­capitol.­texas.­gov/Docs/ES/htm/ES.­113.­htm#113.­155 (accessed Jun. 5, 2024).

113.001
General Definitions
113.002
Definition of Party
113.003
Definition of Net Contribution
113.004
Types of Accounts
113.005
Authority of Financial Institutions to Enter into Certain Accounts
113.051
Establishment of Type of Account
113.052
Form
113.053
Required Disclosure
113.101
Effect of Certain Provisions Regarding Ownership Between Parties and Others
113.102
Ownership of Joint Account During Parties’ Lifetimes
113.104
Ownership of Trust Account During Trustee’s Lifetime
113.105
Ownership of Convenience Account
113.106
Ownership and Operation of Other Account with Convenience Signer
113.151
Establishment of Right of Survivorship in Joint Account
113.153
Ownership of Trust Account on Death of Trustee
113.154
Ownership of Convenience Account on Death of Party
113.155
Effect of Death of Party on Certain Accounts Without Rights of Survivorship
113.156
Applicability of Certain Provisions on Death of Party
113.157
Written Notice to Financial Institutions Regarding Form of Account
113.158
Nontestamentary Nature of Certain Transfers
113.201
Applicability of Subchapter
113.202
Payment of Multiple-party Account
113.203
Payment of Joint Account
113.205
Payment of Trust Account
113.206
Payment of Convenience Account
113.207
Liability for Payment from Joint Account After Death
113.208
Liability for Payment from Convenience Account
113.209
Discharge from Claims
113.210
Set-off to Financial Institution
113.251
Pledge of Account
113.252
Rights of Creditors
113.253
No Effect on Certain Rights and Liabilities of Financial Institutions
113.0531
Use of Form and Disclosure by Credit Unions
113.1541
Ownership of Other Account with Convenience Signer on Death of Last Surviving Party

Accessed:
Jun. 5, 2024

§ 113.155’s source at texas​.gov