Texas § 405.0015 DISTRIBUTIONS GENERALLY.

Texas Statutes

§ 405.0015 — DISTRIBUTIONS GENERALLY.

Texas § 405.0015

Code ESEstates Code

This text of Texas § 405.0015 (DISTRIBUTIONS GENERALLY.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Estates Code Code Ann. § 405.0015 (2026).

Text

Sec. 405.0015. DISTRIBUTIONS GENERALLY. Unless the will, if any, or a court order provides otherwise, an independent executor may, in distributing property not specifically devised that the independent executor is authorized to sell:

(1)make distributions in divided or undivided interests;

(2)allocate particular assets in proportionate or disproportionate shares;

(3)value the estate property for the purposes of acting under Subdivision (1) or (2); and

(4)adjust the distribution, division, or termination for resulting differences in valuation.

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Sec. 405.0015. DISTRIBUTIONS GENERALLY. Unless the will, if any, or a court order provides otherwise, an independent executor may, in distributing property not specifically devised that the independent executor is authorized to sell:
(1) make distributions in divided or undivided interests;
(2) allocate particular assets in proportionate or disproportionate shares;
(3) value the estate property for the purposes of acting under Subdivision (1) or (2); and
(4) adjust the distribution, division, or termination for resulting differences in valuation.