Tex. Est. Code § 113.105 · Subchapter C. OWNERSHIP AND OPERATION OF ACCOUNTS
OWNERSHIP OF CONVENIENCE ACCOUNT; ADDITIONS AND ACCRUALS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The making of a deposit in a convenience account does not affect the title to the deposit.
(b) A party to a convenience account is not considered to have made a gift of the deposit, or of any additions or accruals to the deposit, to a convenience signer.
(c) An addition made to a convenience account by anyone other than a party, and accruals to the addition, are considered to have been made by a party.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 680, Sec. 1, eff. January 1, 2014.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ES/htm/ES.113.htm
- Text hash
- sha256 76b991549fc60432de05926d0e7bc06b32280db6466eed750c7851720ce6b98e
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Est. Code § 113.105. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.