Tex. Est. Code § 255.253

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 255.253 - Cash Distribution Not Included in Devise

Unless the will of a testator clearly provides otherwise, a devise of securities does not include a cash distribution relating to the securities that accrues before the testator's death, regardless of whether the distribution is paid before the testator's death.

Tex. Estates § 255.253

Added by Acts 2009, 81st Leg., R.S., Ch. 680, Sec. 1, eff. 1/1/2014.