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Terms Used In Texas Government Code 4004.303

  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Year: means 12 consecutive months. See Texas Government Code 311.005

On the commissioner’s receipt of a notice filing and fee payment that meet the requirements of § 4004.302, the notice filing takes effect and is valid for the remainder of the calendar year.