Texas Estates Code

§ 1105.201 — AFFIDAVIT OF PERSONAL SURETY

ES § 1105.201Title 3. GUARDIANSHIP AND RELATED PROCEDURES · Part D. CREATION OF GUARDIANSHIP · Ch. 1105. QUALIFICATION OF GUARDIANS · Art. E. PROVISIONS RELATING TO PERSONAL SURETIES

Statute text

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(a)Before a judge considers a bond with a personal surety, each personal surety must execute an affidavit stating the amount by which the surety's assets that are reachable by creditors exceeds the surety's liabilities. The total of the surety's worth must equal at least twice the amount of the bond.

(b)Each affidavit must be presented to the judge for consideration and, if approved, shall be attached to and form part of the bond.

Legislative history

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