Sec. 361.151. PAYMENT TO ESTATE WHILE OFFICE OF PERSONAL REPRESENTATIVE IS VACANT. (a) A debtor, obligor, or payor may pay or tender money or another thing of value falling due to an estate while the office of personal representative of the estate is vacant to the court clerk for the credit of the estate.
(b) Payment or tender under Subsection (a) discharges the debtor, obligor, or payor of the obligation for all purposes to the extent and purpose of the payment or tender.
(c) If the court clerk accepts payment or tender under this section, the court clerk shall issue a receipt for the payment or tender.
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 361 - Death, Resignation, or Removal of Personal Representatives; Appointment of Successors
Subchapter D. Procedures After Death, Resignation, or Removal of Personal Representative
Section 361.151. Payment to Estate While Office of Personal Representative Is Vacant
Section 361.152. Further Administration With or Without Notice or Will Annexed
Section 361.153. Rights, Powers, and Duties of Successor Representative
Section 361.154. Successor Executor Also Succeeds to Prior Rights and Duties