Tex. Est. Code Section 351.253
Term of Loan or Lien Extension

Except as otherwise provided by this section, the term of a loan or lien renewal authorized under Section 351.252 (Application; Order) may not exceed a period of three years from the date original letters testamentary or of administration are granted to the personal representative of the affected estate. The court may authorize an extension of a lien renewed under Section 351.252 (Application; Order) for not more than one additional year without further citation or notice.

Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.

Source: Section 351.253 — Term of Loan or Lien Extension, https://statutes.capitol.texas.gov/Docs/ES/htm/ES.351.htm#351.253 (accessed Apr. 29, 2024).

351.001
Applicability of Common Law 351.002
Appeal Bond 351.003
Certain Costs Adjudged Against Personal Representative 351.051
Exercise of Authority Under Court Order 351.052
Exercise of Authority Without Court Order 351.053
Authority to Serve Pending Appeal of Appointment 351.054
Authority to Commence Suits 351.101
Duty of Care 351.102
Possession of Personal Property and Records 351.103
Possession of Property Held in Common Ownership 351.104
Administration of Partnership Interest 351.105
Holding of Stocks, Bonds, and Other Personal Property in Nominee’s Name 351.106
Digital Assets 351.151
Ordinary Diligence Required 351.152
Contingent Interest for Certain Attorney’s Fees 351.153
Recovery of Certain Expenses 351.201
Definition 351.202
Order Requiring Personal Representative to Operate Business 351.203
Powers of Personal Representative Regarding Business 351.204
Fiduciary Duties of Personal Representative Regarding Business 351.205
Real Property of Business 351.251
Mortgage or Pledge of Estate Property Authorized in Certain Circumstances 351.252
Application 351.253
Term of Loan or Lien Extension 351.301
Applicability of Subchapter 351.302
Application and Order for Payment of Certain Estate Income 351.303
Treatment of Certain Amounts Received from Mineral Lease 351.351
Applicability 351.352
Ensuring Compliance with Law 351.353
Annual Examination of Certain Estates 351.354
Judge’s Liability 351.355
Identifying Information

Accessed:
Apr. 29, 2024

§ 351.253’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._est._code_section_351.253

Original Source: Section 351.253 — Term of Loan or Lien Extension, https://statutes.capitol.texas.gov/Docs/ES/htm/ES.351.htm#351.253 (last accessed Apr. 29, 2024).