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Texas Family Code - Section 3.406. Equitable Lien

Legal Research Home > Texas Laws > Family Code > Texas Family Code - Section 3.406. Equitable Lien

§ 3.406. EQUITABLE LIEN. (a) On dissolution of a marriage, the court shall impose an equitable lien on property of a marital estate to secure a claim for economic contribution in that property by another marital estate. (b) On the death of a spouse, a court shall, on application for a claim of economic contribution brought by the surviving spouse, the personal representative of the estate of the deceased spouse, or any other person interested in the estate, as defined by Section 3, Texas Probate Code, impose an equitable lien on the property of a benefited marital estate to secure a claim for economic contribution by a contributing marital estate. (c) Subject to homestead restrictions, an equitable lien under this section may be imposed on the entirety of a spouse's property in the marital estate and is not limited to the item of property that benefited from an economic contribution. 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.

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Last modified: August 11, 2007