115.003 – JOINT OWNERSHIP. (a) If a motor vehicle that is
Texas Estates Code § 115.003
Summary
This law requires that all joint owners of a motor vehicle with a beneficiary designation must agree to any changes or revocations of that designation. It ensures that the rights of all owners are protected in the event of a transfer of ownership upon death. This affects joint owners of vehicles who wish to designate beneficiaries.
All joint owners must agree on beneficiary designations.
Changes to designations require consent from all owners.
Last surviving owner can revoke or change designation alone.
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In simple terms: Learn about Texas's JOINT OWNERSHIP. (a) If a motor vehicle that is 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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