Tex. Estates Code § 551.003

This is the official text of Tex. Estates Code § 551.003, part of Texas’s Estates Code — governs wills, probate, and estate administration.

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§ 551.003. PAYMENT OF PORTION THAT IS NOT IN MONEY.

Official statutory text

(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.

Status: in_force · Read it on the official government site

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