Tex. Est. Code § 113.106 · Subchapter C. OWNERSHIP AND OPERATION OF ACCOUNTS
OWNERSHIP AND OPERATION OF OTHER ACCOUNT WITH CONVENIENCE SIGNER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An account established by one or more parties at a financial institution that is not designated as a convenience account, but is instead designated as a single-party account or another type of multiple-party account, may provide that the sums on deposit may be paid or delivered to the parties or to one or more convenience signers "for the convenience of the parties."
(b) Except as provided by Section 113.1541:
(1) the provisions of Sections 113.105, 113.206, and 113.208 apply to an account described by Subsection (a), including provisions relating to the ownership of the account during the lifetimes and on the deaths of the parties and provisions relating to the powers and duties of the financial institution at which the account is established; and
(2) any other law relating to a convenience signer applies to a convenience signer designated as provided by this section to the extent the law applies to a convenience signer on a convenience account.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 91 (S.B. 1303), Sec. 8.006(a), 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 db9e376e64912a89cc4b46bf14ddbcce09240a545774359f75971c568a16f4b6
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Estates Code
- Tex. Est. Code § 113.105OWNERSHIP OF CONVENIENCE ACCOUNT; ADDITIONS AND ACCRUALS.Printed as Sections 113.105, 113.206, and 113.208
- Tex. Est. Code § 113.1541OWNERSHIP OF OTHER ACCOUNT WITH CONVENIENCE SIGNER ON DEATH OF LAST SURVIVING PARTY.Printed as Section 113.1541
- Tex. Est. Code § 113.206PAYMENT OF CONVENIENCE ACCOUNT.Printed as Sections 113.105, 113.206, and 113.208
- Tex. Est. Code § 113.208LIABILITY FOR PAYMENT FROM CONVENIENCE ACCOUNT.Printed as Sections 113.105, 113.206, and 113.208
Cited by 1 provision
Provisions in this library whose text cites Tex. Est. Code § 113.106. Each shows the citation as that text prints it.
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