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Tex. Estates Code § 1158.555

INCREASED OR ADDITIONAL BOND NOT REQUIRED

Texas · Texas Estates Code · Status: effective

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Tex. Estates Code § 1158.555, INCREASED OR ADDITIONAL BOND NOT REQUIRED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/625786
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Notwithstanding Sections 1158.554(c) and (d), if the real estate sold is encumbered by a lien to secure a claim against the estate and is sold to the owner or holder of the secured claim in full payment, liquidation, and satisfaction of the claim, an increased general bond or additional bond may not be required except for the amount of any cash paid to the guardian of the estate in excess of the amount necessary to pay, liquidate, and satisfy the claim in full.