Texas § 355.108 PAYMENT WHEN ASSETS INSUFFICIENT TO PAY CLAIMS OF SAME CLASS.

Texas Statutes

§ 355.108 — PAYMENT WHEN ASSETS INSUFFICIENT TO PAY CLAIMS OF SAME CLASS.

Texas § 355.108

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This text of Texas § 355.108 (PAYMENT WHEN ASSETS INSUFFICIENT TO PAY CLAIMS OF SAME CLASS.) 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. § 355.108 (2026).

Text

Sec. 355.108. PAYMENT WHEN ASSETS INSUFFICIENT TO PAY CLAIMS OF SAME CLASS.

(a)If there are insufficient assets to pay all claims of the same class, other than secured claims for money, the claims in that class shall be paid pro rata, as directed by the court, and in the order directed.

(b)A personal representative may not be allowed to pay a claim under Subsection (a) other than with the pro rata amount of the estate funds that have come into the representative's possession, regardless of whether the estate is solvent or insolvent.

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Sec. 355.108. PAYMENT WHEN ASSETS INSUFFICIENT TO PAY CLAIMS OF SAME CLASS. (a) If there are insufficient assets to pay all claims of the same class, other than secured claims for money, the claims in that class shall be paid pro rata, as directed by the court, and in the order directed.
(b) A personal representative may not be allowed to pay a claim under Subsection (a) other than with the pro rata amount of the estate funds that have come into the representative's possession, regardless of whether the estate is solvent or insolvent.