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TEXAS FAMILY CODE § 3.401. Definitions In this subchapter: (1) "Claim for economic contribution" means a claim made under this
subchapter.
(5) "Spouse" means a husband, who is a man, or a wife, who is a woman. A member of a civil union or similar relationship entered into in another state between persons of the same sex is not a spouse. Added by Acts 1999, 76th Leg., ch. 692, § 2, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 838, § 2, eff. Sept. 1, 2001. § 3.402. Economic Contribution (a) For purposes of this subchapter, "economic contribution" is the dollar amount of:
(b) "Economic contribution" does not include the dollar amount of:
Added by Acts 1999, 76th Leg., ch. 692, § 2, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 838, § 2, eff. Sept. 1, 2001. § 3.403. Claim Based on Economic Contribution (a) A marital estate that makes an economic contribution to property owned by another marital estate has a claim for economic contribution with respect to the benefited estate. (b) The amount of the claim under this section is equal to the product of:
(b-1) The amount of the contribution by the benefited marital estate under Subsection (b)(2)(B)(ii) is measured by determining:
(c) The amount of a claim under this section may be less than the total of the economic contributions made by the contributing estate, but may not cause the contributing estate to owe funds to the benefited estate. (d) The amount of a claim under this section may not exceed the equity in the property on the date of dissolution of the marriage, the death of a spouse, or disposition of the property. (e) The use and enjoyment of property during a marriage for which a claim for economic contribution to the property exists does not create a claim of an offsetting benefit against the claim. Added by Acts 1999, 76th Leg., ch. 692, § 2, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 838, § 2, eff. Sept. 1, 2001. § 3.404. Application of Inception of Title Rule; Ownership Interest Not Created (a) This subchapter does not affect the rule of inception of title under which the character of property is determined at the time the right to own or claim the property arises. (b) The claim for economic contribution created under this subchapter does not create an ownership interest in property, but does create a claim against the property of the benefited estate by the contributing estate. The claim matures on dissolution of the marriage or the death of either spouse. Added by Acts 1999, 76th Leg., ch. 692, § 2, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 838, § 2, eff. Sept. 1, 2001. § 3.405. Management Rights This subchapter does not affect the right to manage, control, or dispose of marital property as provided by this chapter. Added by Acts 1999, 76th Leg., ch. 692, § 2, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 838, § 2, eff. Sept. 1, 2001. § 3.406. Equitable Lien (a) On dissolution of a marriage, the court shall impose an equitable lien on property of a marital estate to secure a claim for economic contribution in that property by another marital estate. (b) On the death of a spouse, a court shall, on application for a claim of economic contribution brought by the surviving spouse, the personal representative of the estate of the deceased spouse, or any other person interested in the estate, as defined by Section 3, Texas Probate Code, impose an equitable lien on the property of a benefited marital estate to secure a claim for economic contribution by a contributing marital estate. (c) Subject to homestead restrictions, an equitable lien under this section may be imposed on the entirety of a spouse's property in the marital estate and is not limited to the item of property that benefited from an economic contribution. Added by Acts 1999, 76th Leg., ch. 692, § 2, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 838, § 2, eff. Sept. 1, 2001. § 3.407. Offsetting Claims The court shall offset a claim for one marital estate's economic contribution in a specific asset of a second marital estate against the second marital estate's claim for economic contribution in a specific asset of the first marital estate. Added by Acts 2001, 77th Leg., ch. 838, § 2, eff. Sept. 1, 2001. § 3.408. Claim for Reimbursement (a) A claim for economic contribution does not abrogate another claim for reimbursement in a factual circumstance not covered by this subchapter. In the case of a conflict between a claim for economic contribution under this subchapter and a claim for reimbursement, the claim for economic contribution, if proven, prevails. (b) A claim for reimbursement includes:
(c) The court shall resolve a claim for reimbursement by using equitable principles, including the principle that claims for reimbursement may be offset against each other if the court determines it to be appropriate. (d) Benefits for the use and enjoyment of property may be offset against a claim for reimbursement for expenditures to benefit a marital estate on property that does not involve a claim for economic contribution to the property. Added by Acts 2001, 77th Leg., ch. 838, § 2, eff. Sept. 1, 2001. § 3.409. Nonreimbursable Claims The court may not recognize a marital estate's claim for reimbursement for:
Added by Acts 2001, 77th Leg., ch. 838, § 2, eff. Sept. 1, 2001. § 3.410. Effect of Marital Property Agreements A premarital or marital property agreement, whether executed before, on, or after September 1, 1999, that satisfies the requirements of Chapter 4 is effective to waive, release, assign, or partition a claim for economic contribution under this subchapter to the same extent the agreement would have been effective to waive, release, assign, or partition a claim for reimbursement under the law as it existed immediately before September 1, 1999, unless the agreement provides otherwise. Added by Acts 2001, 77th Leg., ch. 838, § 2, eff. Sept. 1, 2001. |