Tex. Est. Code Section 255.253
Cash Distribution Not Included in Devise


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.
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.

Source: Section 255.253 — Cash Distribution Not Included in Devise, https://statutes.­capitol.­texas.­gov/Docs/ES/htm/ES.­255.­htm#255.­253 (accessed May 4, 2024).

Accessed:
May 4, 2024

§ 255.253’s source at texas​.gov