Texas Family Code - Section 3.404. Application Of Inception Of Title Rule; Ownership Interest Not Created

Legal Research Home > Texas Lawyer > Family Code > Texas Family Code - Section 3.404. Application Of Inception Of Title Rule; Ownership Interest Not Created

§ 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.

Last modified: August 10, 2007