Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 115.002 - Beneficiary Designation Authorized(a) An owner of a motor vehicle may transfer the owner's interest in the motor vehicle to a sole beneficiary effective on the owner's death by designating a beneficiary as provided by Section 501.0315, Transportation Code.(b) A beneficiary designation is: (1) subject to Section 115.003(b), revocable and may be changed at any time without the consent of the designated beneficiary as provided by Section 501.0315, Transportation Code;(2) a nontestamentary instrument; and(3) effective without: (A) notice or delivery to or acceptance by the designated beneficiary during the owner's life; or(c) A will may not revoke or supersede a beneficiary designation, regardless of when the will is made.(d) A designated beneficiary may disclaim the designated beneficiary's interest in the motor vehicle as provided by Chapter 240, Property Code.Added by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 586,Sec. 1, eff. 9/1/2017.