Sec. 362.001. SETTLING AND CLOSING ADMINISTRATION OF ESTATE. The administration of an estate shall be settled and closed when:
(1) all the debts known to exist against the estate have been paid, or have been paid to the extent permitted by the assets in the personal representative's possession; and
(2) no further need for administration exists.
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 362 - Closing Administration of Estate
Subchapter A. Settling and Closing Estate
Section 362.001. Settling and Closing Administration of Estate
Section 362.002. Compelling Settlement of Estate
Section 362.003. Verified Account Required
Section 362.004. Contents of Account
Section 362.005. Citation and Notice on Presentation of Account
Section 362.006. Examination of and Hearing on Account
Section 362.007. Delivery of Certain Property to Guardian
Section 362.008. Certain Debts Excluded From Settlement Computation
Section 362.009. Money Due to Estate Pending Final Discharge
Section 362.011. Partition and Distribution of Estate; Deposit in Court's Registry
Section 362.012. Discharge of Personal Representative When No Estate Property Remains
Section 362.013. Discharge of Personal Representative When Estate Fully Administered