Sec. 1161.001. GUARDIAN'S DUTY TO KEEP ESTATE INVESTED

Latest version.

(a) The guardian of the estate shall invest any funds and assets of a ward's estate available for investment except:
(1) if the court orders otherwise under this chapter; or
(2) as provided by Subsection (b).
(b) The guardian of the estate is not required to invest funds that are immediately necessary for the education, support, and maintenance of the ward or any others the ward supports as provided by this title.

Added by Acts 2011, 82nd Leg., R.S., Ch. 823 , Sec. 1.02, eff. January 1, 2014.

                    
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