Texas Transportation Code

§ 501.031 — RIGHTS OF SURVIVORSHIP AGREEMENT

TN § 501.031Title 7. VEHICLES AND TRAFFIC · Part A. CERTIFICATES OF TITLE AND REGISTRATION OF VEHICLES · Ch. 501. CERTIFICATE OF TITLE ACT · Art. B. CERTIFICATE OF TITLE REQUIREMENTS

Statute text

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(a)The department shall include on each title an optional rights of survivorship agreement that:

(1)provides that if the agreement is between two or more eligible persons, the motor vehicle will be owned by the surviving owners when one or more of the owners die; and

(2)provides for the acknowledgment by signature, either electronically or by hand, of the persons.

(b)If the vehicle is registered in the name of one or more of the persons who acknowledged the agreement, the title may contain a:

(1)rights of survivorship agreement acknowledged by all the persons; or

(2)remark if a rights of survivorship agreement is on file with the department.

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Legislative history

Acts 2011, 82nd Leg., R.S., Ch. 1296 (H.B. 2357), Sec. 20, eff. January 1, 2012. Acts 2013, 83rd Leg., R.S., Ch. 1135 (H.B. 2741), Sec. 46, eff. September 1, 2013.