Texas Estates Code

§ 356.651 — GENERAL PROHIBITION ON PURCHASE

ES § 356.651Title 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY · Part H. CONTINUATION OF ADMINISTRATION · Ch. 356. SALE OF ESTATE PROPERTY · Art. N. PURCHASE OF PROPERTY BY PERSONAL REPRESENTATIVE

Statute text

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Except as otherwise provided by this subchapter, the personal representative of an estate may not purchase, directly or indirectly, any estate property sold by the representative or any co-representative of the estate.

Legislative history

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