{"data":{"id":"us-tx/tex.-estates-code-1161.205","jurisdiction":"us-tx","citation":"Tex. Estates Code § 1161.205","heading":"GUARDIAN'S LIABILITY.","body":"(a) Except as provided by Subsection (b), a guardian of the estate who loans estate money with the court's approval on security approved by the court is not personally liable if the borrower is unable to repay the money and the security fails.\n(b) If the guardian committed fraud or was negligent in making or managing the loan, including in collecting the loan, the guardian and the guardian's surety are liable for the loss sustained by the guardianship estate as a result of the fraud or negligence.\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 1161. INVESTMENTS AND LOANS OF ESTATES OF WARDS","SUBCHAPTER E. LOANS AND SECURITY FOR LOANS"],"source_url":"https://statutes.capitol.texas.gov/Docs/ES/htm/ES.1161.htm#1161.205","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:08Z","sha256":"f3037b2a6da7ae961fe3f9250a283fb7e12d4c87cb51775b014f794ac05d6bd1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-estates-code-1161.204","next":"us-tx/tex.-estates-code-1162.001"},"notice":"GroundRules: Original legal text. Not legal advice."}