Estates Code › Title 2 › Chapter 255 › Subchapter F

Texas Estates Code § 255.253

Cash Distribution Not Included in Devise

Construction and Interpretation of Wills · Devise of Securities

Unless the will of a testator clearly provides otherwise, a devise of securities does not include a cash distribution relating to the securities that accrues before the testator's death, regardless of whether the distribution is paid before the testator's death.

Official text of the Texas Estates Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.