Tex. Prop. Code § 143.005 · Chapter 143. 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:
(i) is not found by the court to be considered disabled for purposes of 42 U.S.C. Chapter 7, Subchapter XVI; and
(ii) is a minor at the time the subaccount is 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 a minor or incapacitated person;
(B) the beneficiary's guardian of the estate, if on the date of termination the beneficiary is living and is a minor or incapacitated person; 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 2019, 86th Leg., R.S., Ch. 1112 (H.B. 2245), Sec. 8, eff. September 1, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/PR/htm/PR.143.htm
- Text hash
- sha256 2523ee19fa46d51ba6f19f221a2a224e9b56760174fe399a7b83131ff9efba08
- 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.