Texas Estates Code

§ 505.051 — APPLICABILITY OF BOND REQUIREMENT

ES § 505.051Title 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY · Part K. FOREIGN WILLS, OTHER TESTAMENTARY INSTRUMENTS, AND FIDUCIARIES · Ch. 505. FOREIGN PERSONAL REPRESENTATIVES, TRUSTEES, AND FIDUCIARIES · Art. B. FOREIGN EXECUTORS AND TRUSTEES

Statute text

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(a)A foreign executor is not required to give bond if the will appointing the foreign executor provides that the executor may serve without bond.

(b)The bond provisions of this title applicable to domestic representatives apply to a foreign executor if the will appointing the foreign executor does not exempt the foreign executor from giving bond.

Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.