Tex. Est. Code § 355.154 · Subchapter D. PRESENTMENT AND PAYMENT OF SECURED CLAIMS FOR MONEY
PREFERRED DEBT AND LIEN.
Text — Current through the 89th 2nd Called Legislative Session, 2025
When a claim for a debt is allowed and approved under Section 355.151(a)(2):
(1) a further claim for the debt may not be made against other estate assets;
(2) the debt thereafter remains a preferred lien against the property securing the debt; and
(3) the property remains security for the debt in any distribution or sale of the property before final maturity and payment of the debt.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, 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.355.htm
- Text hash
- sha256 639da96b29511262228f2f4294100f79f035e096adab29cfe9d6a7120c4f413b
- 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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