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Tex. Estates Code § 113.253

This is the official text of Tex. Estates Code § 113.253, part of Texas’s Estates Code — governs wills, probate, and estate administration.

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§ 113.253. NO EFFECT ON CERTAIN RIGHTS AND LIABILITIES OF FINANCIAL INSTITUTIONS.

Official statutory text

This subchapter does not:

(1) affect the right of a financial institution to make payment on multiple-party accounts according to the terms of the account; or

(2) make the financial institution liable to the estate of a deceased party unless, before payment, the institution received written notice from the personal representative stating the amounts needed to pay debts, taxes, claims, and expenses of administration.

Status: in_force · Read it on the official government site

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