That means he or she will not receive any assets as a beneficiary under Texas law because Texas requires a beneficiary to survive you to collect under a valid beneficiary designation. Instead, the assets will pass on to the beneficiary or beneficiaries next in line.
Students for a Democratic Society. The Students for a Democratic Society (SDS) was a student activist movement in the United States in the 1960s (1960 to 1969). A new SDS group was also begun in 2006.
Definition of democratic for Students. 1  1 : relating to or favoring political democracy. 2  2 : relating to a major political party in the United States that is associated with helping common people. 3  3 : believing in or practicing the idea that people are socially equal.