Tex. Property Code § 143.002: APPLICATION TO ESTABLISH SUBACCOUNT.
Where this section sits in the code
- PROPERTY CODE
- TITLE 10. MISCELLANEOUS BENEFICIAL PROPERTY INTERESTS
- SUBTITLE A. PERSONS UNDER DISABILITY
- CHAPTER 143. POOLED TRUST SUBACCOUNTS
The following persons may apply to the court having jurisdiction under Section 142.005 for the establishment of a subaccount solely for the benefit of a proposed beneficiary who is a person for whom a management trust has been or could be established for the person's benefit under Section 142.005:
(1) the trustee of a management trust established under Section 142.005 for the benefit of the proposed beneficiary of the subaccount;
(2) the guardian of the person or estate, or both, of the proposed beneficiary of the subaccount;
(3) a person who has filed an application for the appointment of a guardian of the person or estate, or both, for the proposed beneficiary of the subaccount;
(4) an attorney ad litem or guardian ad litem appointed to represent the proposed beneficiary of the subaccount; or
(5) the proposed beneficiary, if the proposed beneficiary is not a minor or incapacitated person.
Added by Acts 2019, 86th Leg., R.S., Ch. 1112 (H.B. 2245), Sec. 8, eff. September 1, 2019.
Collected 2026-08-27T01:47:37Z. Source file · JSON