Texas Property Code

§ 142.003 — COMPENSATION AND DUTIES OF MANAGERS

PR § 142.003Title 10. MISCELLANEOUS BENEFICIAL PROPERTY INTERESTS · Part A. PERSONS UNDER DISABILITY · Ch. 142. MANAGEMENT OF PROPERTY RECOVERED IN SUIT BY A NEXT FRIEND OR GUARDIAN AD LITEM

Statute text

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(a)A person who manages property under Section 142.001 or 142.002 is entitled to receive compensation as allowed by the court.

(b)The person shall make dispositions of the property as ordered by the court and shall return the property into court on the order of the court.

Legislative history

Acts 1983, 68th Leg., p. 3711, ch. 576, Sec. 1, eff. Jan. 1, 1984.