Tex. Estates Code § 403.054
This is the official text of Tex. Estates Code § 403.054, part of Texas’s Estates Code — governs wills, probate, and estate administration.
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§ 403.054. PREFERRED DEBT AND LIEN CLAIMS.
Official statutory text
During an independent administration, a secured creditor whose claim is a preferred debt and lien against property securing the indebtedness under Section 403.052 is free to exercise any judicial or extrajudicial collection rights, including the right to foreclosure and execution; provided, however, that the creditor does not have the right to conduct a nonjudicial foreclosure sale within six months after letters are granted.
Status: in_force · Read it on the official government site
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