Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 9.011 - Right to Future Property(a) The court may, by any remedy provided by this chapter, enforce an award of the right to receive installment payments or a lump-sum payment due on the maturation of an existing vested or nonvested right to be paid in the future.(b) The subsequent actual receipt by the non-owning party of property awarded to the owner in a decree of divorce or annulment creates a fiduciary obligation in favor of the owner and imposes a constructive trust on the property for the benefit of the owner.Added by Acts 1997, 75th Leg., ch. 7, Sec. 1, eff. 4/17/1997.