Tex. Est. Code § 362.011 · Subchapter A. SETTLING AND CLOSING ESTATE
PARTITION AND DISTRIBUTION OF ESTATE; DEPOSIT IN COURT'S REGISTRY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If, on final settlement of an estate, any of the estate remains in the personal representative's possession, the court shall order that a partition and distribution be made among the persons entitled to receive that part of the estate.
(b) The court shall order the personal representative to convert into money any remaining nonmonetary assets to which a person who is unknown or missing is entitled. The procedures in Chapter 356 apply to the conversion of nonmonetary assets under this subsection.
(c) The court shall order the personal representative to deposit in an account in the court's registry all money, including the proceeds of any conversion under Subsection (b), to which a person who is unknown or missing is entitled. The court shall hold money deposited in an account under this subsection until the court renders:
(1) an order requiring money in the account to be paid to the previously unknown or missing person who is entitled to the money; or
(2) another order regarding the disposition of the money.
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.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 1136 (H.B. 2912), Sec. 48, 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.362.htm
- Text hash
- sha256 cff69681377f8c121d8011d337cea5eda51ee3f3ce72eb91f7b65a1f6785811b
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 3 provisions
Provisions in this library whose text cites Tex. Est. Code § 362.011. Each shows the citation as that text prints it.
Estates Code
- Tex. Est. Code § 53.104APPOINTMENT OF ATTORNEYS AD LITEM.Printed as Section 362.011
- Tex. Est. Code § 362.013DISCHARGE OF PERSONAL REPRESENTATIVE AND BOND SURETIES WHEN ESTATE FULLY ADMINISTERED; CANCELLATION OF LETTERS.Printed as Section 362.011
- Tex. Est. Code § 551.001PAYMENT OF CERTAIN SHARES OF ESTATE TO STATE.Printed as Section 362.011(c)
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.