Texas Estates Code 111.101 – Definitions
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Terms Used In Texas Estates Code 111.101
- Contract: A legal written agreement that becomes binding when signed.
- Property: means real and personal property. See Texas Government Code 311.005
In this subchapter:
(1) “Contracting third party” has the meaning assigned by Section 111.051.
(2) “Deceased party” means a deceased:
(A) party to a multiple-party account governed by Chapter 113;
(B) owner of property subject to a possible nontestamentary transfer as described by Section 111.051(1); or
(C) insured under an insurance contract.