Tex. Estates Code § 1352.106: USE OF PROCEEDS.
Where this section sits in the code
- ESTATES CODE
- TITLE 3. GUARDIANSHIP AND RELATED PROCEDURES
- SUBTITLE I. OTHER SPECIAL PROCEEDINGS AND SUBSTITUTES FOR GUARDIANSHIP
- CHAPTER 1352. MORTGAGE OF MINOR'S INTEREST IN RESIDENCE HOMESTEAD
- SUBCHAPTER C. MORTGAGE OF MINOR WARD'S INTEREST WITHOUT GUARDIANSHIP OF THE ESTATE
Proceeds of a home equity loan that is the subject of an application under Section 1352.102 that are attributable to the minor ward's interest may be spent only to:
(1) make improvements to the homestead;
(2) pay for the ward's education or maintenance expenses; or
(3) pay the loan's outstanding balance.
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