Tex. Est. Code § 1302.005 · Chapter 1302. POOLED TRUST SUBACCOUNTS
TERMS OF SUBACCOUNT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Unless the court orders otherwise, the terms governing the subaccount must provide that:
(1) the subaccount terminates on the earliest of the date of:
(A) the beneficiary's 18th birthday, if the beneficiary is not disabled on that date and was a minor at the time the subaccount was established;
(B) the beneficiary's death; or
(C) a court order terminating the subaccount; and
(2) on termination, any property remaining in the beneficiary's subaccount after making any required payments to satisfy the amounts of medical assistance reimbursement claims for medical assistance provided to the beneficiary under this state's medical assistance program and other states' medical assistance programs shall be distributed to:
(A) the beneficiary, if on the date of termination the beneficiary is living and is not incapacitated;
(B) the beneficiary's guardian, if on the date of termination the beneficiary is living and is incapacitated; or
(C) the personal representative of the beneficiary's estate, if on the date of termination the beneficiary is deceased.
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.1302.htm
- Text hash
- sha256 9b6278fc776380ee10355432eb2958ccb34716662fb51c8bb763adc903c6403c
- 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.