Sec. 1351.055. PAYMENT OF SALE PROCEEDS INTO COURT REGISTRY. If the court enters an order of sale of property as provided by this subchapter, the purchaser of the property shall pay the proceeds of the sale belonging to the ward into the court registry.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.
Structure Texas Statutes
Title 3 - Guardianship and Related Procedures
Subtitle I - Other Special Proceedings and Substitutes for Guardianship
Chapter 1351 - Sale of Property of Certain Incapacitated Persons
Subchapter B. Sale of Ward's Property Without Guardianship of the Estate
Section 1351.051. Applicability of Subchapter
Section 1351.053. Application; Venue
Section 1351.055. Payment of Sale Proceeds Into Court Registry
Section 1351.056. Withdrawal of Sale Proceeds From Registry Not Prohibited