Sec. 362.001.  SETTLING AND CLOSING ADMINISTRATION OF ESTATE.  The administration of an estate shall be settled and closed when:
(1)  all the debts known to exist against the estate have been paid, or have been paid to the extent permitted by the assets in the personal representative's possession; and
(2)  no further need for administration exists.
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.