Texas Estates Code

§ 1159.003 — ESTATE PROPERTY RENTED ON CREDIT

ES § 1159.003Title 3. GUARDIANSHIP AND RELATED PROCEDURES · Part E. ADMINISTRATION OF GUARDIANSHIP · Ch. 1159. RENTING ESTATE PROPERTY · Art. A. RENTAL AND RETURN OF ESTATE PROPERTY

Statute text

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(a)Possession of estate property rented on credit may not be delivered until the renter executes and delivers to the guardian of the estate a note with good personal security for the amount of the rent. If the property is delivered without the guardian receiving the required security, the guardian and the sureties on the guardian's bond are liable for the full amount of the rent.

(b)Subsection (a) does not apply to a rental that is paid in installments in advance of the period to which the installments relate.

Legislative history

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