GIFT.

Tex. ESTATES Code § 122.205.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
An assignment under this subchapter is a gift to the assignee and is not a disclaimer under Chapter 240 , Property Code. Added by Acts 2009, 81st Leg., R.S., Ch. 680 , Sec. 1, eff. January 1, 2014.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

Starting a business in Texas? Texas LLC guide: costs and requirements