Texas § 355.154 PREFERRED DEBT AND LIEN.

Texas Statutes

§ 355.154 — PREFERRED DEBT AND LIEN.

Texas § 355.154

Code ESEstates Code

This text of Texas § 355.154 (PREFERRED DEBT AND LIEN.) 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. § 355.154 (2026).

Text

Sec. 355.154. PREFERRED DEBT AND LIEN. When a claim for a debt is allowed and approved under Section 355.151 (a)(2):

(1)a further claim for the debt may not be made against other estate assets;

(2)the debt thereafter remains a preferred lien against the property securing the debt; and

(3)the property remains security for the debt in any distribution or sale of the property before final maturity and payment of the debt.

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Sec. 355.154. PREFERRED DEBT AND LIEN. When a claim for a debt is allowed and approved under Section 355.151 (a)(2):
(1) a further claim for the debt may not be made against other estate assets;
(2) the debt thereafter remains a preferred lien against the property securing the debt; and
(3) the property remains security for the debt in any distribution or sale of the property before final maturity and payment of the debt.