Texas Estates Code

§ 1158.652 — EXCEPTION: EXECUTORY CONTRACT

ES § 1158.652Title 3. GUARDIANSHIP AND RELATED PROCEDURES · Part E. ADMINISTRATION OF GUARDIANSHIP · Ch. 1158. SALE OR PARTITION OF WARD'S PROPERTY · Art. N. PURCHASE OF ESTATE PROPERTY BY GUARDIAN

Statute text

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The guardian of the estate of a ward may purchase estate property in compliance with the terms of a written executory contract signed by the ward before the ward became incapacitated, including:

(1)a contract for deed;

(2)an earnest money contract;

(3)a buy/sell agreement; and

(4)a stock purchase or redemption agreement.

Legislative history

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