SENATE BILL 504 |
SENATE AUTHOR: Harris |
EFFECTIVE: 09-01-97 |
HOUSE SPONSOR: Thompson |
Senate Bill 504 amends the Texas Probate Code by adding the Uniform Transfer on Death Security Registration Act to provide a mechanism by which an owner of investment securities can designate a beneficiary to whom ownership of the securities will be transferred at the death of the owner.
Senate Bill 504, enacting Part 4, Chapter XI, Texas Probate Code, was repealed by Senate Bill 506, Acts of the 75th Legislature, Regular Session, 1997.