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Texas Property Code

§ 240.105 — DISCLAIMER OF INTEREST CREATED BY BENEFICIARY DESIGNATION

PR § 240.105Title 13. DISCLAIMER OF PROPERTY INTERESTS · Ch. 240. TEXAS UNIFORM DISCLAIMER OF PROPERTY INTERESTS ACT · Art. C. DELIVERY OR FILING

Statute text

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(a)In this section, "beneficiary designation" means an instrument, other than an instrument creating a trust, naming the beneficiary of:
(1)an annuity or insurance policy;
(2)an account with a designation for payment on death;
(3)a security registered in beneficiary form;
(4)a pension, profit-sharing, retirement, or other employment-related benefit plan; or
(5)any other nonprobate transfer at death.

Legislative history

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