Texas Statutes (Last Updated: January 4, 2014) |
PROBATE CODE |
Chapter VIII. PROCEEDINGS DURING ADMINISTRATION |
Part 3. SETTING APART HOMESTEAD AND OTHER EXEMPT PROPERTY, AND FIXING THE FAMILY ALLOWANCE |
Sec. 278. WHEN ESTATE IS SOLVENT
Latest version.
-
If, upon a final settlement of the estate, it shall appear that the same is solvent, the exempted property, except the homestead or any allowance in lieu thereof, shall be subject to partition and distribution among the heirs and distributees of such estate in like manner as the other property of the estate.
Acts 1955, 54th Leg., p. 88, ch. 55, eff. Jan. 1, 1956.