Texas Estates Code

§ 1355.001 — PAYMENT OF CLAIMS TO RESIDENT CREDITOR

ES § 1355.001Title 3. GUARDIANSHIP AND RELATED PROCEDURES · Part I. OTHER SPECIAL PROCEEDINGS AND SUBSTITUTES FOR GUARDIANSHIP · Ch. 1355. PAYMENT OF CERTAIN CLAIMS WITHOUT GUARDIANSHIP · Art. A. PAYMENT OF CLAIMS TO CERTAIN INCAPACITATED

Statute text

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(a)In this section, "resident creditor" means a person who:

(1)is a resident of this state; and

(2)is entitled to money in an amount that is $250,000 or less, the right to which is liquidated and is uncontested in any pending lawsuit.

(b)This section applies only to a resident creditor who:

(1)is an incapacitated person or the former ward of a guardianship terminated under Chapter 1204; and

(2)does not have a legal guardian of the creditor's estate.

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Legislative history

Acts 2023, 88th Leg., R.S., Ch. 207 (S.B. 1457), Sec. 29, eff. September 1, 2023.