Texas Family Code - Section 3.404. Application Of Inception Of Title Rule; Ownership Interest Not Created
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§ 3.404. APPLICATION OF INCEPTION OF TITLE RULE;
OWNERSHIP INTEREST NOT CREATED. (a) This subchapter does not
affect the rule of inception of title under which the character of
property is determined at the time the right to own or claim the
property arises.
(b) The claim for economic contribution created under this
subchapter does not create an ownership interest in property, but
does create a claim against the property of the benefited estate by
the contributing estate. The claim matures on dissolution of the
marriage or the death of either spouse.
Added by Acts 1999, 76th Leg., ch. 692, § 2, eff. Sept. 1, 1999.
Amended by Acts 2001, 77th Leg., ch. 838, § 2, eff. Sept. 1,
2001.
Section: 3.306 3.307 3.308 3.309 3.401 3.402 3.403 3.404 3.405 3.406 3.407 3.408 3.409 3.410 4.001
Last modified: August 11, 2007
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