Section 7.003 – Disposition Of Retirement And Employment Benefits And Other Plans

May 14, 2021 | Family Law, Texas

In a decree of divorce or annulment, the court shall determine the rights of both spouses in a pension, retirement plan, annuity, individual retirement account, employee stock option plan, stock option, or other form of savings, bonus, profit-sharing, or other employer plan or financial plan of an employee or a participant, regardless of whether the person is self-employed, in the nature of compensation or savings.

Tex. Fam. Code ยง 7.003

Added by Acts 1997, 75th Leg., ch. 7, Sec. 1, eff. April 17, 1997.