Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Estates Code § 1158.555: INCREASED OR ADDITIONAL BOND NOT REQUIRED.

Where this section sits in the code

ESTATES CODE
TITLE 3. GUARDIANSHIP AND RELATED PROCEDURES
SUBTITLE E. ADMINISTRATION OF GUARDIANSHIP
CHAPTER 1158. SALE OR PARTITION OF WARD'S PROPERTY
SUBCHAPTER L. APPROVAL OF SALE OF REAL PROPERTY AND TRANSFER OF TITLE

Notwithstanding Sections 1158.554(c) and (d), if the real estate sold is encumbered by a lien to secure a claim against the estate and is sold to the owner or holder of the secured claim in full payment, liquidation, and satisfaction of the claim, an increased general bond or additional bond may not be required except for the amount of any cash paid to the guardian of the estate in excess of the amount necessary to pay, liquidate, and satisfy the claim in full.

Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.

Collected 2026-08-27T01:47:08Z. Source file · JSON

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