{"data":{"id":"us-tx/tex.-estates-code-1151.155","jurisdiction":"us-tx","citation":"Tex. Estates Code § 1151.155","heading":"OPERATION OR RENTAL OF FARM, RANCH, FACTORY, OR OTHER BUSINESS.","body":"(a) If the ward owns a farm, ranch, factory, or other business that is not required to be immediately sold for the payment of a debt or other lawful purpose, the guardian of the estate on order of the court shall, as it appears to be in the estate's best interests:\n(1) continue to operate, or cause the continued operation of, the farm, ranch, factory, or other business; or\n(2) rent the farm, ranch, factory, or other business.\n(b) In deciding whether to issue an order under Subsection (a), the court:\n(1) shall consider:\n(A) the condition of the estate; and\n(B) the necessity that may exist for the future sale of the property or business for the payment of a debt, claim, or other lawful expenditure; and\n(2) may not extend the time of renting any of the property beyond what appears consistent with the maintenance and education of a ward or the settlement of the ward's estate.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.","path":["ESTATES CODE","TITLE 3. GUARDIANSHIP AND RELATED PROCEDURES","SUBTITLE E. ADMINISTRATION OF GUARDIANSHIP","CHAPTER 1151. RIGHTS, POWERS, AND DUTIES UNDER GUARDIANSHIP","SUBCHAPTER D. POSSESSION AND CARE OF WARD'S PROPERTY BY GUARDIAN OF THE ESTATE"],"source_url":"https://statutes.capitol.texas.gov/Docs/ES/htm/ES.1151.htm#1151.155","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:08Z","sha256":"ace64d3887d698bafafda122ca178c2198cbcf434c10f06e31c2dc108e17e649","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-estates-code-1151.154","next":"us-tx/tex.-estates-code-1151.201"},"notice":"GroundRules: Original legal text. Not legal advice."}