Texas § ES.351.204 - FIDUCIARY DUTIES OF PERSONAL REPRESENTATIVE REGARDING BUSINESS
Full text of Texas The Texas Constitution § ES.351.204 — FIDUCIARY DUTIES OF PERSONAL REPRESENTATIVE REGARDING BUSINESS, with citation guidance and answers to common questions.
§ ES.351.204. FIDUCIARY DUTIES OF PERSONAL REPRESENTATIVE REGARDING BUSINESS
FIDUCIARY DUTIES OF PERSONAL REPRESENTATIVE REGARDING BUSINESS. (a) A personal representative who operates a business under an order entered under Section 351.202 (a) has the same fiduciary duties as a representative who does not operate a business that is part of an estate. (b) In operating a business under an order entered under Section 351.202 (a), a personal representative shall consider: (1) the condition of the estate and the business; (2) the necessity that may exist for the future sale of the business or of business property to provide for payment of debts or claims against the estate or other lawful expenditures with respect to the estate; (3) the effect of the order on the speedy settlement of the estate; and (4) the best interests of the estate. (c) A personal representative who operates a business under an order entered under Section 351.202 (a) shall report to the court with respect to the operation and condition of the business as part of the accounts required by Chapters 359 and 362 , unless the court orders the reports regarding the business to be made more frequently or in a different manner or form. Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502 ), Sec. 1, eff. January 1, 2014.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § ES.351.204
What does The Texas Constitution § ES.351.204 cover?
Section ES.351.204 ("FIDUCIARY DUTIES OF PERSONAL REPRESENTATIVE REGARDING BUSINESS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § ES.351.204?
A common citation format is "The Texas Constitution § ES.351.204" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § ES.351.204 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.