112.002 – APPLICABILITY OF OTHER LAW TO COMMUNITY PROPERTY
Texas Estates Code § 112.002
Summary
This law clarifies that Chapter 113 governs multiple-party accounts held by spouses with a right of survivorship, as long as it does not conflict with this chapter. It affects married couples who hold joint accounts and are concerned about the distribution of those accounts upon death.
Applies to multiple-party accounts held by spouses.
Ensures consistency with Chapter 113.
Addresses survivorship rights in community property.
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In simple terms: Learn about Texas's APPLICABILITY OF OTHER LAW TO COMMUNITY PROPERTY law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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