Texas Estates Code

§ 1151.203 — TERM OF LOAN OR RENEWAL

ES § 1151.203Title 3. GUARDIANSHIP AND RELATED PROCEDURES · Part E. ADMINISTRATION OF GUARDIANSHIP · Ch. 1151. RIGHTS, POWERS, AND DUTIES UNDER GUARDIANSHIP · Art. E. AUTHORITY OF GUARDIAN TO ENGAGE IN CERTAIN BORROWING

Statute text

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The term of a loan or renewal authorized under Section 1151.202 must be for the length of time that the court determines to be in the best interests of the ward or the ward's estate.

Legislative history

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