Texas Statutes (Last Updated: January 4, 2014) |
ESTATES CODE |
Title 3. GUARDIANSHIP AND RELATED PROCEDURES |
Subtitle D. CREATION OF GUARDIANSHIP |
Chapter 1105. QUALIFICATION OF GUARDIANS |
Subchapter D. OTHER PROVISIONS RELATING TO BONDS OF GUARDIANS OF THE ESTATE |
Sec. 1105.161. SURETIES FOR CERTAIN BONDS
Latest version.
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(a) If the amount of the bond of a guardian of an estate exceeds $50,000, the court may require that the bond be signed by:
(1) at least two authorized corporate sureties; or
(2) one corporate surety and at least two good and sufficient personal sureties.
(b) The guardianship shall pay the cost of a bond with corporate sureties.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 , Sec. 1.02, eff. January 1, 2014.