113.253 – NO EFFECT ON CERTAIN RIGHTS AND LIABILITIES OF
Texas Estates Code § 113.253
Summary
This law clarifies that financial institutions can continue to make payments on multiple-party accounts as per the account terms. It also protects these institutions from liability to a deceased party's estate unless they receive specific written notice from the personal representative regarding debts and expenses.
Financial institutions can pay on multiple-party accounts as agreed.
Institutions are not liable to the deceased's estate without proper notice.
Written notice must specify amounts for debts and expenses.
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 NO EFFECT ON CERTAIN RIGHTS AND LIABILITIES OF 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.