Texas § 305.157 RECEIPT FOR DEPOSITS OF PERSONAL REPRESENTATIVE.

Texas Statutes

§ 305.157 — RECEIPT FOR DEPOSITS OF PERSONAL REPRESENTATIVE.

Texas § 305.157

Code ESEstates Code

This text of Texas § 305.157 (RECEIPT FOR DEPOSITS OF PERSONAL REPRESENTATIVE.) 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. § 305.157 (2026).

Text

Sec. 305.157. RECEIPT FOR DEPOSITS OF PERSONAL REPRESENTATIVE.

(a)A depository that receives a deposit made under Section 305.156 instead of a surety or sureties on a bond shall issue a receipt for the deposit that:

(1)shows the amount of cash deposited or the amount and description of the securities deposited, as applicable; and

(2)states that the depository agrees to disburse or deliver the cash or securities only on receipt of a certified copy of an order of the court in which the proceedings are pending.

(b)A receipt issued by a depository under Subsection (a) shall be attached to the personal representative's bond and be delivered to and filed by the county clerk after approval by the judge.

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Sec. 305.157. RECEIPT FOR DEPOSITS OF PERSONAL REPRESENTATIVE. (a) A depository that receives a deposit made under Section 305.156 instead of a surety or sureties on a bond shall issue a receipt for the deposit that:
(1) shows the amount of cash deposited or the amount and description of the securities deposited, as applicable; and
(2) states that the depository agrees to disburse or deliver the cash or securities only on receipt of a certified copy of an order of the court in which the proceedings are pending.
(b) A receipt issued by a depository under Subsection (a) shall be attached to the personal representative's bond and be delivered to and filed by the county clerk after approval by the judge.