§ 1158.256 — ORDER.

Texas § 1158.256

• Jurisdiction: Texas
• Code ES: Estates Code

Text

Sec. 1158.256. ORDER. (a) The court shall order the sale of the property of the estate described in an application under Section 1158.251 if the court is satisfied that the sale is necessary or advisable. Otherwise, the court may deny the application and, if the court considers it best, may order the sale of other estate property the sale of which would be more advantageous to the estate.
(b) An order for the sale of real estate under this section must specify:
(1) the property to be sold, including a description that identifies that property;
(2) whether the property is to be sold at public auction or private sale and, if at public auction, the time and place of the sale;
(3) the necessity or advisability of, and the purpose of, the sale;
(4) except in a case in which a guardian of the estate was not required to give a general bond, that the court, after examining the general bond given by the guardian, finds that:
(A) the bond is sufficient as required by law; or
(B) the bond is insufficient;
(5) if the court finds that the general bond is insufficient under Subdivision (4)(B), the amount of the necessary or increased bond, as applicable;
(6) that the sale is to be made and the report returned in accordance with law; and
(7) the terms of the sale.

Legislative History

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