Texas Family Code - Section 9.011. Right To Future Property
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§ 9.011. RIGHT TO FUTURE PROPERTY. (a) The court may, by
any remedy provided by this chapter, enforce an award of the right
to receive installment payments or a lump-sum payment due on the
maturation of an existing vested or nonvested right to be paid in
the future.
(b) The subsequent actual receipt by the non-owning party of
property awarded to the owner in a decree of divorce or annulment
creates a fiduciary obligation in favor of the owner and imposes a
constructive trust on the property for the benefit of the owner.
Added by Acts 1997, 75th Leg., ch. 7, § 1, eff. April 17, 1997.
Section: 9.004 9.005 9.006 9.007 9.008 9.009 9.010 9.011 9.012 9.013 9.014 9.101 9.102 9.103 9.104
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Last modified: August 10, 2007
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