Texas Laws - Probate Code
CHAPTER VIII. PROCEEDINGS DURING ADMINISTRATION
PART 6. HIRING AND RENTING

Sec. 363. WHEN PROPERTY IS HIRED OR RENTED ON CREDIT. When property is hired or rented on credit, possession thereof shall not be delivered until the hirer or renter has executed and delivered to the representative of the estate a note with good personal security for the amount of such hire or rent; and, if any such property so hired or rented is delivered without receiving such security, the representative and the sureties on his bond shall be liable for the full amount of such hire or rent; provided, that when the hire or rental is payable in installments, in advance of the period of time to which they relate, this Section shall not apply. (2897)(1-click HTML)

(2898)

Acts 1955, 54th Leg., p. 88, ch. 55, eff. Jan. 1, 1956. (2899)

Text of article effective until January 01, 2014 (2900)

  

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