Sec. 356.651. GENERAL PROHIBITION ON PURCHASE. Except as otherwise provided by this subchapter, the personal representative of an estate may not purchase, directly or indirectly, any estate property sold by the representative or any co-representative of the estate.
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 H - Continuation of Administration
Chapter 356 - Sale of Estate Property
Subchapter N. Purchase of Property by Personal Representative
Section 356.651. General Prohibition on Purchase
Section 356.652. Exception: Authorization in Will
Section 356.653. Exception: Executory Contract