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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Estates Code § 403.054: PREFERRED DEBT AND LIEN CLAIMS.

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Where this section sits in the code
  1. ESTATES CODE
  2. TITLE 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY
  3. SUBTITLE I. INDEPENDENT ADMINISTRATION
  4. CHAPTER 403. EXEMPTIONS AND ALLOWANCES; CLAIMS
  5. SUBCHAPTER B. CLAIMS

During an independent administration, a secured creditor whose claim is a preferred debt and lien against property securing the indebtedness under Section 403.052 is free to exercise any judicial or extrajudicial collection rights, including the right to foreclosure and execution; provided, however, that the creditor does not have the right to conduct a nonjudicial foreclosure sale within six months after letters are granted.

Added by Acts 2011, 82nd Leg., R.S., Ch. 1338 (S.B. 1198), Sec. 2.53, eff. January 1, 2014.

Collected 2026-08-27T01:47:08Z. Source file · JSON

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