Texas Statutes

§ 1157.106 — PAYMENT WHEN ASSETS INSUFFICIENT TO PAY CERTAIN CLAIMS.

Texas § 1157.106
JurisdictionTexas
Code ESEstates Code

This text of Texas § 1157.106 (PAYMENT WHEN ASSETS INSUFFICIENT TO PAY CERTAIN CLAIMS.) 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. § 1157.106 (2026).

Text

Sec. 1157.106. PAYMENT WHEN ASSETS INSUFFICIENT TO PAY CERTAIN CLAIMS.

(a)If there are insufficient assets to pay all claims of the same class, the claims in that class shall be paid pro rata, as directed by the court, and in the order directed.
(b)A guardian of the estate may not be allowed to pay any claims other than with the pro rata amount of the estate funds that have come into the guardian's possession, regardless of whether the estate is solvent or insolvent.

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Legislative History

Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759 ), Sec. 1.02, eff. January 1, 2014.

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Bluebook (online)
Texas § 1157.106, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/ES/1157.106.