Texas § 751.033 AUTHORITY TO CREATE OR CHANGE CERTAIN BENEFICIARY DESIGNATIONS.

Texas Statutes

§ 751.033 — AUTHORITY TO CREATE OR CHANGE CERTAIN BENEFICIARY DESIGNATIONS.

Texas § 751.033

Code ESEstates Code

This text of Texas § 751.033 (AUTHORITY TO CREATE OR CHANGE CERTAIN BENEFICIARY DESIGNATIONS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Estates Code Code Ann. § 751.033 (2026).

Text

Sec. 751.033. AUTHORITY TO CREATE OR CHANGE CERTAIN BENEFICIARY DESIGNATIONS.

(a)Unless the durable power of attorney otherwise provides, and except as provided by Section 751.031 (c), authority granted to an agent under Section 751.031 (b)(4) empowers the agent to:

(1)create or change a beneficiary designation under an account, contract, or another arrangement that authorizes the principal to designate a beneficiary, including an insurance or annuity contract, a qualified or nonqualified retirement plan, including a retirement plan as defined by Section 752.113 , an employment agreement, including a deferred compensation agreement, and a residency agreement;

(2)enter into or change a P.O.D. account or trust account under Chapter 113 ; or

(3)create or change a nontestamentary payment o

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Sec. 751.033. AUTHORITY TO CREATE OR CHANGE CERTAIN BENEFICIARY DESIGNATIONS. (a) Unless the durable power of attorney otherwise provides, and except as provided by Section 751.031 (c), authority granted to an agent under Section 751.031 (b)(4) empowers the agent to:
(1) create or change a beneficiary designation under an account, contract, or another arrangement that authorizes the principal to designate a beneficiary, including an insurance or annuity contract, a qualified or nonqualified retirement plan, including a retirement plan as defined by Section 752.113 , an employment agreement, including a deferred compensation agreement, and a residency agreement;
(2) enter into or change a P.O.D. account or trust account under Chapter 113 ; or
(3) create or change a nontestamentary payment or transfer under Chapter 111 .
(b) If an agent is granted authority under Section 751.031 (b)(4) and the durable power of attorney grants the authority to the agent described in Section 752.108 or 752.113 , then, unless the power of attorney otherwise provides, the authority of the agent to designate the agent as a beneficiary is not subject to the limitations prescribed by Sections 752.108 (b) and 752.113 (c).
(c) If an agent is not granted authority under Section 751.031 (b)(4) but the durable power of attorney grants the authority to the agent described in Section 752.108 or 752.113 , then, unless the power of attorney otherwise provides and notwithstanding Section 751.031 , the agent's authority to designate the agent as a beneficiary is subject to the limitations prescribed by Sections 752.108 (b) and 752.113 (c).