Tex. Est. Code § 403.054

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 403.054 - Preferred Debt and Lien Claims

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.

Tex. Estates § 403.054

Added by Acts 2011, 82nd Leg., R.S., Ch. 1338, Sec. 2.53, eff. 1/1/2014.