Texas Probate Code - Section 168. Accounting By Survivor
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Texas Laws > Probate Code > Texas Probate Code - Section 168. Accounting By Survivor
§ 168. ACCOUNTING BY SURVIVOR. The survivor, whether
qualified as community administrator or not, shall keep a fair and
full account and statement of all community debts and expenses paid
by him, and of the disposition made of the community property; and,
upon final partition of such estate, shall deliver to the heirs,
devisees or legatees of the deceased spouse their interest in such
estate, and the increase and profits of the same, after deducting
therefrom the proportion of the community debts chargeable thereto,
unavoidable losses, necessary and reasonable expenses, and a
reasonable commission for the management of the same. Neither the
survivor nor his bondsmen shall be liable for losses sustained by
the estate, except when the survivor has been guilty of gross
negligence or bad faith.
Acts 1955, 54th Leg., p. 88, ch. 55, eff. Jan. 1, 1956. Amended by
Acts 1971, 62nd Leg., p. 982, ch. 173, § 13, eff. Jan. 1, 1972.
Section: 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175
Last modified: August 11, 2007
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