Tex. Est. Code § 113.253 · Subchapter F. RIGHTS OF CREDITORS; PLEDGE OF ACCOUNT
NO EFFECT ON CERTAIN RIGHTS AND LIABILITIES OF FINANCIAL INSTITUTIONS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
This subchapter does not:
(1) affect the right of a financial institution to make payment on multiple-party accounts according to the terms of the account; or
(2) make the financial institution liable to the estate of a deceased party unless, before payment, the institution received written notice from the personal representative stating the amounts needed to pay debts, taxes, claims, and expenses of administration.
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 6265fdea0965013295d68d727a46e0a05032f020bf2eaec561d902ed05ed7581
- 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
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.