Tex. Est. Code § 1301.154 · Subchapter D. ADMINISTRATION OF MANAGEMENT TRUSTS
ANNUAL ACCOUNTING.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The trustee of a management trust created for a ward shall prepare and file with the court an annual accounting of transactions in the trust in the same manner and form that is required of a guardian of the estate under this title.
(b) The trustee of a management trust created for a ward shall provide a copy of the annual account to each guardian of the ward.
(c) The annual account is subject to court review and approval in the same manner that is required of an annual account prepared by a guardian under this title.
(d) The court may not require a trustee of a trust created for a person who has only a physical disability to prepare and file with the court the annual accounting as described by Subsection (a).
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.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 161 (S.B. 1093), Sec. 6.069, eff. January 1, 2014.
Acts 2013, 83rd Leg., R.S., Ch. 982 (H.B. 2080), Sec. 33, eff. January 1, 2014.
Acts 2021, 87th Leg., R.S., Ch. 521 (S.B. 626), Sec. 62, eff. September 1, 2021.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ES/htm/ES.1301.htm
- Text hash
- sha256 c90cdcff357bf4f2bd83d834f3e5c24790ce1413ee7efdf10008465bd5a85931
- 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.