Statutes, codes, and regulations
Texas Codes
ESTATES CODETitle 2 - ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEYSubtitle C - PASSAGE OF TITLE AND DISTRIBUTION OF DECEDENTS' PROPERTY IN GENERALChapter 123 - DISSOLUTION OF MARRIAGE
Subchapter B - EFFECT OF DISSOLUTION OF MARRIAGE ON CERTAIN NONTESTAMENTARY TRANSFERS
Section 123.054 - Liability of Certain Purchasers or Recipients of Certain Payments, Benefits, or Property

Tex. Est. Code § 123.054

Download
PDF
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 123.054 - Liability of Certain Purchasers or Recipients of Certain Payments, Benefits, or Property

A bona fide purchaser of property from a divorced individual's former spouse or any relative of the former spouse who is not a relative of the divorced individual or a person who receives from the former spouse or any relative of the former spouse who is not a relative of the divorced individual a payment, benefit, or property in partial or full satisfaction of an enforceable obligation:

(1) is not required by this subchapter to return the payment, benefit, or property; and
(2) is not liable under this subchapter for the amount of the payment or the value of the property or benefit.

Tex. Estates § 123.054

Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1338, Sec. 2.16, eff. 1/1/2014.