Tex. Est. Code § 1161.001 · Subchapter A. GENERAL PROVISIONS
GUARDIAN'S DUTY TO KEEP ESTATE INVESTED.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The guardian of the estate shall invest any funds and assets of a ward's estate available for investment except:
(1) if the court orders otherwise under this chapter; or
(2) as provided by Subsection (b).
(b) The guardian of the estate is not required to invest funds that are immediately necessary for the education, support, and maintenance of the ward or any others the ward supports as provided by this title.
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.1161.htm
- Text hash
- sha256 46fbb7e63e9dc908b1307e0b83834053f06a53675bc4b0e98d5d3863b04ab28c
- 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
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.