Tex. Est. Code § 551.003 · Subchapter A. PAYMENT OF CERTAIN FUNDS TO STATE
PAYMENT OF PORTION THAT IS NOT IN MONEY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(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.
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 2019, 86th Leg., R.S., Ch. 267 (S.B. 1420), Sec. 1, eff. September 1, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ES/htm/ES.551.htm
- Text hash
- sha256 83c84da480eadaaf36513f6a3d83ca853f550eebe3dcbc0d52785f8656b62177
- 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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