Texas Estates Code

§ 1105.152 — GENERAL STANDARD REGARDING AMOUNT OF BOND

ES § 1105.152Title 3. GUARDIANSHIP AND RELATED PROCEDURES · Part D. CREATION OF GUARDIANSHIP · Ch. 1105. QUALIFICATION OF GUARDIANS · Art. D. OTHER PROVISIONS RELATING TO BONDS OF GUARDIANS OF THE ESTATE

Statute text

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(a)The judge shall set the amount of a bond for a guardian of an estate in an amount sufficient to protect the guardianship and the guardianship's creditors, as provided by this title.

(b)In determining the amount of the bond, the court may not consider estate assets placed in a management trust under Chapter 1301.

Legislative history

Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.