Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 551.003 - Payment of Portion That Is Not in Money(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.Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 267,Sec. 1, eff. 9/1/2019.Added by Acts 2009, 81st Leg., R.S., Ch. 680, Sec. 1, eff. 1/1/2014.