Tex. Est. Code § 355.160

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 355.160 - Unsuccessful Foreclosure; Subsequent Application

If property that is the subject of a foreclosure sale authorized and conducted under this subchapter is not sold because no bid at the sale met the minimum price set by the court, the claim holder may file a subsequent application for foreclosure under Section 355.155(b)(3). The court may eliminate or modify the minimum price requirement and grant permission for another foreclosure sale.

Tex. Estates § 355.160

Added by Acts 2009, 81st Leg., R.S., Ch. 680, Sec. 1, eff. 1/1/2014.