The death of a party to a multiple-party account to which Sections 113.151, 113.152, and 113.153 do not apply has no effect on the beneficial ownership of the account, other than to transfer the rights of the deceased party as part of the deceased party's estate.
Tex. Est. Code § 113.155
EFFECT OF DEATH OF PARTY ON CERTAIN ACCOUNTS WITHOUT RIGHTS OF SURVIVORSHIP
Applied in 1 court decision — leading case Hare v. Longstreet (2017)
Most recently applied in Hare v. Longstreet (November 2017)
Added by Acts 2009, 81st Leg., R.S., Ch. 680, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.