Sec. 356.655. PURCHASE IN VIOLATION OF SUBCHAPTER. (a) If a personal representative of an estate purchases estate property in violation of this subchapter, any person interested in the estate may file a written complaint with the court in which the proceedings are pending.
(b) On service of citation on the personal representative on a complaint filed under Subsection (a) and after hearing and proof, the court shall:
(1) declare the sale void;
(2) set aside the sale; and
(3) order the reconveyance of the property to the estate.
(c) The court shall adjudge against the personal representative all costs of the sale, protest, and suit found necessary.
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