Texas Probate Code - Section 263. Bond Required To Withdraw Estate From Administration
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Texas Laws > Probate Code > Texas Probate Code - Section 263. Bond Required To Withdraw Estate From Administration
§ 263. BOND REQUIRED TO WITHDRAW ESTATE FROM
ADMINISTRATION. When the executor or administrator has rendered
the required exhibit, the persons entitled to such estate, or any of
them, or any persons for them, may execute and deliver to the court
a bond payable to the judge, and his successors in office, to be
approved by the court, for an amount equal to at least double the
gross appraised value of the estate as shown by the appraisement and
list of claims returned, conditioned that the persons who execute
such bond shall pay all the debts against the estate not paid that
have been or shall be allowed by the executor or administrator and
approved by the court, or that have been or shall be established by
suit against said estate, and will pay to the executor or
administrator any balance that shall be found to be due him by the
judgment of the court on his exhibit.
Acts 1955, 54th Leg., p. 88, ch. 55, eff. Jan. 1, 1956.
Section: 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270
Last modified: August 11, 2007
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