Texas Estates Code

§ 301.203 — BOND SECURED BY LIEN

ES § 301.203Title 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY · Part G. INITIAL APPOINTMENT OF PERSONAL REPRESENTATIVE AND OPENING OF ADMINISTRATION · Ch. 301. APPLICATION FOR LETTERS TESTAMENTARY OR OF ADMINISTRATION · Art. E. PREVENTION OF ADMINISTRATION

Statute text

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If a bond is executed and approved under Section 301.201(a)(3), a lien exists on all of the estate in the possession of the distributees, and those claiming under the distributees with notice of the lien, to secure the ultimate payment of the bond.

Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.