Texas Family Code
§ 3.007 — PROPERTY INTEREST IN CERTAIN EMPLOYEE BENEFITS
FA § 3.007Title 1. THE MARRIAGE RELATIONSHIP · Part B. PROPERTY RIGHTS AND LIABILITIES · Ch. 3. MARITAL PROPERTY RIGHTS AND LIABILITIES · Art. A. GENERAL RULES FOR SEPARATE AND COMMUNITY PROPERTY
Statute text
View on source(a)Repealed by Acts 2009, 81st Leg., R.S., Ch. 768, Sec. 11(1), eff. September 1, 2009.
(b)Repealed by Acts 2009, 81st Leg., R.S., Ch. 768, Sec. 11(1), eff. September 1, 2009.
(c)The separate property interest of a spouse in a defined contribution retirement plan may be traced using the tracing and characterization principles that apply to a nonretirement asset.
(d)A spouse who is a participant in an employer-provided stock option plan or an employer-provided restricted stock plan has a separate property interest in the options or restricted stock granted to the spouse under the plan as follows:
(1)if the option or stock was granted to the spouse before marriage but required continued employment during marriage before the grant could be exercised or the restriction removed, the spouse's separate property interest is equal to the fraction of the option or restricted stock in which:
(A)the numerator is the sum of:
…
Legislative history
Acts 2009, 81st Leg., R.S., Ch. 768 (S.B. 866), Sec. 1, eff. September 1, 2009. Acts 2009, 81st Leg., R.S., Ch. 768 (S.B. 866), Sec. 11(1), eff. September 1, 2009.