Tex. Est. Code Section 1161.005
Modification or Elimination of Duty or Standard

On a showing by clear and convincing evidence that the action is in the best interests of the ward and the ward’s estate, the court may modify or eliminate:

(1)

the duty of the guardian of the estate to keep the estate invested; or

(2)

the standard required by Section 1161.002 (Standard for Management and Investment of Estate)(a) with regard to investments of estate assets.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.

Source: Section 1161.005 — Modification or Elimination of Duty or Standard, https://statutes.­capitol.­texas.­gov/Docs/ES/htm/ES.­1161.­htm#1161.­005 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 1161.005’s source at texas​.gov