Texas Statutes (Last Updated: January 4, 2014) |
FAMILY CODE |
Title 1. THE MARRIAGE RELATIONSHIP |
Subtitle B. PROPERTY RIGHTS AND LIABILITIES |
Chapter 3. MARITAL PROPERTY RIGHTS AND LIABILITIES |
Subchapter B. MANAGEMENT, CONTROL, AND DISPOSITION OF MARITAL PROPERTY |
Sec. 3.102. MANAGING COMMUNITY PROPERTY
-
(a) During marriage, each spouse has the sole management, control, and disposition of the community property that the spouse would have owned if single, including:
(1) personal earnings;
(2) revenue from separate property;
(3) recoveries for personal injuries; and
(4) the increase and mutations of, and the revenue from, all property subject to the spouse's sole management, control, and disposition.
(b) If community property subject to the sole management, control, and disposition of one spouse is mixed or combined with community property subject to the sole management, control, and disposition of the other spouse, then the mixed or combined community property is subject to the joint management, control, and disposition of the spouses, unless the spouses provide otherwise by power of attorney in writing or other agreement.
(c) Except as provided by Subsection (a), community property is subject to the joint management, control, and disposition of the spouses unless the spouses provide otherwise by power of attorney in writing or other agreement.