Texas Estates Code

§ 1355.002 — PAYMENT OF CLAIMS TO NONRESIDENT CREDITOR

ES § 1355.002Title 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, "creditor" means a person who is entitled to money in an amount that is not more than $250,000 owing as a result of transactions in this state, the right to which is liquidated and is uncontested in any pending lawsuit in this state.

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

(1)a nonresident minor;

(2)a nonresident person who is adjudged by a foreign court to be incapacitated; or

(3)the nonresident former ward of a guardianship terminated under Chapter 1204 who has no legal guardian qualified in this state.

(c)A debtor in this state who owes money to a nonresident creditor to whom this section applies may pay the money:

…

Legislative history

Acts 2021, 87th Leg., R.S., Ch. 521 (S.B. 626), Sec. 64, eff. September 1, 2021. Acts 2023, 88th Leg., R.S., Ch. 207 (S.B. 1457), Sec. 30, eff. September 1, 2023.