JOINT OWNERSHIP.
Tex. ESTATES Code § 115.003.
in effect(a) If a motor vehicle that is the subject of a beneficiary designation is owned by joint owners with right of survivorship, the beneficiary designation must be made by all of the joint owners.
(b) A beneficiary designation made by joint owners with right of survivorship:
(1) may be revoked or changed as provided by Section 501.0315 , Transportation Code, only if it is revoked or changed by all of the joint owners; and
(2) may be revoked or changed by the last surviving joint owner as provided by Section 501.0315 , Transportation Code.
Added by Acts 2017, 85th Leg., R.S., Ch. 586 (S.B. 869 ), Sec. 1, eff. September 1, 2017.
