Tex. Est. Code § 1105.154 · Subchapter D. OTHER PROVISIONS RELATING TO BONDS OF GUARDIANS OF THE ESTATE
SPECIFIC BOND AMOUNT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as otherwise provided by this section, the judge shall set the amount of a bond of a guardian of an estate in an amount equal to the sum of:
(1) the estimated value of all personal property belonging to the ward; and
(2) an additional amount to cover revenue anticipated to be derived during the succeeding 12 months from:
(A) interest and dividends;
(B) collectible claims;
(C) the aggregate amount of any installments or periodic payments, excluding income derived or to be derived from federal social security payments; and
(D) rentals for the use of property.
(b) The judge shall reduce the amount of the original bond under Subsection (a) in proportion to the amount of cash or the value of securities or other assets:
(1) authorized or required to be deposited by court order; or
(2) voluntarily deposited by the guardian or the sureties on the guardian's bond as provided in Sections 1105.156 and 1105.157(a).
(c) The judge shall set the amount of the bond for a temporary guardian.
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 8f71efe1d6516c5e6eba4958dd6b22499780f798ad272779e4a9258a11d5bb6a
- 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
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