Skip to main content
Find a Lawyer

Texas Estates Code - EST § 551.003. Payment of Portion That is Not in Money

Current as of January 01, 2024 | Updated by Findlaw Staff

(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.  1

1  V.T.C.A., Estates Code § 551.051 et seq.
Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Texas Estates Code - EST § 551.003. Payment of Portion That is Not in Money - last updated January 01, 2024 | https://codes.findlaw.com/tx/estates-code/est-sect-551-003/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard