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 E. CLAIMS FOR REIMBURSEMENT |
Sec. 3.404. APPLICATION OF INCEPTION OF TITLE RULE; OWNERSHIP INTEREST NOT CREATED
Latest version.
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(a) This subchapter does not affect the rule of inception of title under which the character of property is determined at the time the right to own or claim the property arises.
(b) A claim for reimbursement under this subchapter does not create an ownership interest in property, but does create a claim against the property of the benefited estate by the contributing estate. The claim matures on dissolution of the marriage or the death of either spouse.
Added by Acts 1999, 76th Leg., ch. 692, Sec. 2, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 838, Sec. 2, eff. Sept. 1, 2001. Amended by: Acts 2009, 81st Leg., R.S., Ch. 768 , Sec. 4, eff. September 1, 2009.