Tex. Est. Code Section 1101.156
Deposit of Estate Assets


At the time or after an order appointing a guardian is signed by the court but before letters of guardianship are issued, a court may, on the request of a party, require the deposit for safekeeping of cash, securities, or other assets of a ward or proposed ward in a financial institution described by Section 1105.155 (Agreement Regarding Deposit of Estate Assets)(b).


The amount of the bond required to be given by the guardian under Section 1105.101 (Bond Generally Required; Exceptions) shall be reduced in proportion to the amount of the cash or the value of the securities or other assets deposited under this section.
Added by Acts 2015, 84th Leg., R.S., Ch. 1031 (H.B. 1438), Sec. 9, eff. September 1, 2015.

Source: Section 1101.156 — Deposit of Estate Assets, https://statutes.­capitol.­texas.­gov/Docs/ES/htm/ES.­1101.­htm#1101.­156 (accessed Nov. 25, 2023).

Nov. 25, 2023

§ 1101.156’s source at texas​.gov