Texas Estates Code

§ 405.002 — RECEIPTS AND RELEASES FOR DISTRIBUTIONS BY INDEPENDENT EXECUTOR

ES § 405.002Title 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY · Part I. INDEPENDENT ADMINISTRATION · Ch. 405. CLOSING AND DISTRIBUTIONS

Statute text

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(a)An independent executor may not be required to deliver tangible or intangible personal property to a distributee unless the independent executor receives, at or before the time of delivery of the property, a signed receipt or other proof of delivery of the property to the distributee.

(b)An independent executor may not require a waiver or release from the distributee as a condition of delivery of property to a distributee.

Legislative history

Added by Acts 2011, 82nd Leg., R.S., Ch. 1338 (S.B. 1198), Sec. 2.53, eff. January 1, 2014.