Sec. 305.159. WITHDRAWAL OF DEPOSITS ON CLOSING OF ADMINISTRATION. (a) Any deposit of assets of the personal representative, the estate, or a surety that remains at the time an estate is closed shall be released by court order and paid to the person or persons entitled to the deposit.
(b) Except as provided by Subsection (c), a writ of attachment or garnishment does not lie against a deposit described by Subsection (a).
(c) A writ of attachment or garnishment may lie against a deposit described by Subsection (a) as to a claim of a creditor of the estate being administered or a person interested in the estate, including a distributee or ward, to the extent the court has ordered distribution.
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.
Structure Texas Statutes
Title 2 - Estates of Decedents; Durable Powers of Attorney
Subtitle G - Initial Appointment of Personal Representative and Opening of Administration
Chapter 305 - Qualification of Personal Representatives
Subchapter D. Amount of Bond and Associated Deposits
Section 305.151. General Standard Regarding Amount of Bond
Section 305.152. Evidentiary Hearing on Amount of Bond
Section 305.153. Specific Bond Amount
Section 305.154. Agreement Regarding Deposit of Estate Assets
Section 305.155. Deposit of Estate Assets on Terms Prescribed by Court
Section 305.156. Deposits of Personal Representative
Section 305.157. Receipt for Deposits of Personal Representative
Section 305.158. Bond Required Instead of Deposits by Personal Representative
Section 305.159. Withdrawal of Deposits on Closing of Administration
Section 305.160. Increased or Additional Bonds in Certain Circumstances