Tex. Est. Code § 1105.153 · Subchapter D. OTHER PROVISIONS RELATING TO BONDS OF GUARDIANS OF THE ESTATE
EVIDENTIARY HEARING ON AMOUNT OF BOND.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Before setting the amount of a bond required of a guardian of an estate, the court shall hear evidence and determine:
(1) the amount of cash on hand and where that cash is deposited;
(2) the amount of cash estimated to be needed for administrative purposes, including the operation of a business, factory, farm, or ranch owned by the guardianship estate, and administrative expenses for one year;
(3) the revenue anticipated to be received in the succeeding 12 months from dividends, interest, rentals, or use of property belonging to the guardianship estate and the aggregate amount of any installments or periodic payments to be collected;
(4) the estimated value of certificates of stock, bonds, notes, or other securities of the ward, and the name of the depository in which the stocks, bonds, notes, or other securities are deposited;
(5) the face value of life insurance or other policies payable to the ward or the ward's estate;
(6) the estimated value of other personal property that is owned by the guardianship, or by a person with a disability; and
(7) the estimated amount of debts due and owing by the ward.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ES/htm/ES.1105.htm
- Text hash
- sha256 004016adf8121bbee61cdac462e513f34aeb352c2e9de11296ed5456e7a20ce4
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Est. Code § 1105.153. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.