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

Tex. Estates Code § 305.153: SPECIFIC BOND AMOUNT.

(a) Except as otherwise provided by this section, the judge shall set the bond in an amount equal to the sum of:
(1) the estimated value of all personal property belonging to the estate; and
(2) an additional amount to cover revenue anticipated to be derived during the succeeding 12 months from:
(A) interest and dividends;
(B) collectible claims;
(C) the aggregate amount of any installments or periodic payments, excluding income derived or to be derived from federal social security payments; and
(D) rentals for the use of property.
(b) The judge shall reduce the amount of the original bond under Subsection (a) in proportion to the amount of cash or the value of securities or other assets:
(1) authorized or required to be deposited by court order; or
(2) voluntarily deposited by the personal representative or the sureties on the representative's bond, as provided by Sections 305.155 and 305.156.
(c) A bond required to be given by a temporary administrator shall be in the amount that the judge directs.
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.

Where this section sits in the code

ESTATES CODE
TITLE 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY
SUBTITLE G. INITIAL APPOINTMENT OF PERSONAL REPRESENTATIVE AND OPENING OF ADMINISTRATION
CHAPTER 305. QUALIFICATION OF PERSONAL REPRESENTATIVES
SUBCHAPTER D. AMOUNT OF BOND AND ASSOCIATED DEPOSITS

(a) Except as otherwise provided by this section, the judge shall set the bond in an amount equal to the sum of:

(1) the estimated value of all personal property belonging to the estate; and

(2) an additional amount to cover revenue anticipated to be derived during the succeeding 12 months from:

(A) interest and dividends;

(B) collectible claims;

(C) the aggregate amount of any installments or periodic payments, excluding income derived or to be derived from federal social security payments; and

(D) rentals for the use of property.

(b) The judge shall reduce the amount of the original bond under Subsection (a) in proportion to the amount of cash or the value of securities or other assets:

(1) authorized or required to be deposited by court order; or

(2) voluntarily deposited by the personal representative or the sureties on the representative's bond, as provided by Sections 305.155 and 305.156.

Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.

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

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