Sec. 111.101. DEFINITIONS. In this subchapter:

(1) "Contracting third party" has the meaning assigned by Section 111.051.

(2) "Deceased party" means a deceased:

(A) party to a multiple-party account governed by Chapter 113;

(B) owner of property subject to a possible nontestamentary transfer as described by Section 111.051(1); or

(C) insured under an insurance contract.

Added by Acts 2019, 86th Leg., R.S., Ch. 1141 (H.B. 2782), Sec. 2, eff. September 1, 2019.