Texas Family Code - Section 7.007. Disposition Of Claim For Economic Contribution Or Claim For Reimbursement
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§ 7.007. DISPOSITION OF CLAIM FOR ECONOMIC CONTRIBUTION
OR CLAIM FOR REIMBURSEMENT. (a) In a decree of divorce or
annulment, the court shall determine the rights of both spouses in a
claim for economic contribution as provided by Subchapter E,
Chapter 3, and in a manner that the court considers just and right,
having due regard for the rights of each party and any children of
the marriage, shall:
(1) order a division of a claim for economic
contribution of the community marital estate to the separate
marital estate of one of the spouses;
(2) order that a claim for an economic contribution by
one separate marital estate of a spouse to the community marital
estate of the spouses be awarded to the owner of the contributing
separate marital estate; and
(3) order that a claim for economic contribution of
one separate marital estate in the separate marital estate of the
other spouse be awarded to the owner of the contributing marital
estate.
(b) In a decree of divorce or annulment, the court shall
determine the rights of both spouses in a claim for reimbursement as
provided by Subchapter E, Chapter 3, and shall apply equitable
principles to:
(1) determine whether to recognize the claim after
taking into account all the relative circumstances of the spouses;
and
(2) order a division of the claim for reimbursement,
if appropriate, in a manner that the court considers just and right,
having due regard for the rights of each party and any children of
the marriage.
Added by Acts 2001, 77th Leg., ch. 838, § 5, eff. Sept. 1, 2001.
Section: 6.802 7.001 7.002 7.003 7.004 7.005 7.006 7.007 7.008 8.001 8.051 8.052 8.053 8.054 8.055
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Last modified: August 10, 2007
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