Estates Code › Title 2 › Chapter 551 › Subchapter A

Texas Estates Code § 551.003

Payment of Portion That Is Not in Money

Payment of Certain Estates to State · Payment of Certain Funds to State

(a) The court's order under Section 551.001 must require the executor or administrator to:

(1) sell, on terms determined best by the court, the portion of a share subject to that section that is in property other than money; and

(2) on collection of the proceeds of the sale, pay the proceeds to the comptroller.

(b) Recovery of the proceeds of a sale under this section is governed by Subchapter B.

Official text of the Texas Estates Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.

Acts 2019, 86th Leg., R.S., Ch. 267 (S.B. 1420), Sec. 1, eff. September 1, 2019.

This section refers to

§ 551.001

Sections that refer to this one

§ 551.004