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Texas Estates Code

§ 1301.156 — LIABILITY OF CERTAIN PERSONS FOR CONDUCT OF TRUSTEE

ES § 1301.156Title 3. GUARDIANSHIP AND RELATED PROCEDURES · Part H. COURT-AUTHORIZED TRUSTS AND ACCOUNTS · Ch. 1301. MANAGEMENT TRUSTS · Art. D. ADMINISTRATION OF MANAGEMENT TRUSTS

Statute text

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The guardian of the person or of the estate of a ward for whom a management trust is created or the surety on the guardian's bond is not liable for an act or omission of the trustee of the trust.

Legislative history

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