Texas Property Code

§ 240.151 — WHEN DISCLAIMER BARRED OR LIMITED

PR § 240.151Title 13. DISCLAIMER OF PROPERTY INTERESTS · Ch. 240. TEXAS UNIFORM DISCLAIMER OF PROPERTY INTERESTS ACT · Art. D. DISCLAIMER BARRED OR LIMITED

Statute text

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(a)A disclaimer is barred by a written waiver of the right to disclaim.

(b)A disclaimer of an interest in property is barred if any of the following events occur before the disclaimer becomes effective:

(1)the disclaimant accepts the interest sought to be disclaimed by:

(A)taking possession of the interest; or

(B)exercising dominion and control over the interest;

(2)the disclaimant voluntarily assigns, conveys, encumbers, pledges, or transfers the interest sought to be disclaimed or contracts to do so; or

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Legislative history

Acts 2023, 88th Leg., R.S., Ch. 152 (S.B. 870), Sec. 24, eff. September 1, 2023.