Tex. Est. Code § 1163.054 · Subchapter B. ACTION ON ANNUAL ACCOUNT
ORDER FOR PRO RATA PAYMENT OF CLAIMS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
After approval of an annual account as provided by Section 1163.052, if it appears to the court from the account or other evidence that the funds on hand are not sufficient to pay all claims against the estate or if the estate is insolvent and the guardian has any funds on hand, the court shall order the funds to be applied:
(1) first to the payment of any unpaid claims having a preference in the order of their priority; and
(2) then to the pro rata payment of the other claims allowed and approved or established by final judgment, considering also:
(A) claims that were presented not later than the first anniversary of the date letters of guardianship were granted; and
(B) claims that are in litigation or on which a lawsuit may be filed.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ES/htm/ES.1163.htm
- Text hash
- sha256 6cfb70325f97a3ad46d78737a070c786044065504c63eb0550dfd320c3d13132
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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