\t\r\n\t\t\t\t\t","hadText":true}Sec. 405.009.\u00A0\u00A0CLOSING INDEPENDENT ADMINISTRATION ON APPLICATION BY DISTRIBUTEE.
Text of subsection effective until September 01, 2025
(a)\u00A0\u00A0At any time after an estate has been fully administered and there is no further need for an independent administration of the estate, any distributee may file an application to close the administration; and, after citation on the independent executor, and on hearing, the court may enter an order:
(1)\u00A0\u00A0requiring the independent executor to file a closing report meeting the requirements of Section 405.005;
(2)\u00A0\u00A0closing the administration;
(3)\u00A0\u00A0terminating the power of the independent executor to act as independent executor; and
(4)\u00A0\u00A0releasing the sureties on any bond the independent executor was required to give from all liability for the future acts of the principal.
(b)\u00A0\u00A0The order of the court closing the independent administration shall constitute sufficient legal authority to all persons owing any money, having custody of any property, or acting as registrar or transfer agent or trustee of any evidence of interest, indebtedness, property, or right that belongs to the estate, for payment or transfer without additional administration to the distributees described in the will as entitled to receive the particular asset or who as heirs at law are entitled to receive the asset.\u00A0\u00A0The distributees described in the will as entitled to receive the particular asset or the heirs at law entitled to receive the asset may enforce their right to the payment or transfer by suit.
\r\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 1338 (S.B. 1198), Sec. 2.53, eff. January 1, 2014.
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