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

Tex. Estates Code § 551.003: PAYMENT OF PORTION THAT IS NOT IN MONEY.

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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 L. PAYMENT OF ESTATES INTO TREASURY
  4. CHAPTER 551. PAYMENT OF CERTAIN ESTATES TO STATE
  5. SUBCHAPTER A. 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.

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

Amended by:

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

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

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