Tex. Est. Code § 255.253 · Subchapter F. DEVISE OF SECURITIES
CASH DISTRIBUTION NOT INCLUDED IN DEVISE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), 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.255.htm
- Text hash
- sha256 871c1f8da440312649735d23a4ad5d37e61efff4dae83983d9e989feb1d5bcc6
- 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.