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Texas Property Code

§ 240.051 — DISCLAIMER OF INTEREST IN PROPERTY

PR § 240.051Title 13. DISCLAIMER OF PROPERTY INTERESTS · Ch. 240. TEXAS UNIFORM DISCLAIMER OF PROPERTY INTERESTS ACT · Art. B. TYPE AND EFFECT OF DISCLAIMER

Statute text

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(a)This section and Sections 240.0511 and 240.0512 apply to a disclaimer of an interest in property other than a disclaimer subject to Section 240.052 or 240.053.
(b)If an interest in property passes because of the death of a decedent:
(1)a disclaimer of the interest:
(A)takes effect as of the time of the decedent's death; and
(B)relates back for all purposes to the time of the decedent's death; and
(2)the disclaimed interest is not subject to the claims of any creditor of the disclaimant.

Legislative history

Added by Acts 2015, 84th Leg., R.S., Ch. 562 (H.B. 2428), Sec. 15, eff. September 1, 2015.