113.105 – OWNERSHIP OF CONVENIENCE ACCOUNT; ADDITIONS AND
Texas Estates Code § 113.105
Summary
This law clarifies that deposits in a convenience account do not change ownership and are not considered gifts to convenience signers. It also states that any additions to the account by non-parties are treated as if made by the account holders.
Deposits in convenience accounts retain original ownership.
Convenience signers do not receive gifts from account holders.
Additions by non-parties are attributed to account holders.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's OWNERSHIP OF CONVENIENCE ACCOUNT; ADDITIONS AND law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.