{"data":{"id":"us-tx/tex.-estates-code-1352.056","jurisdiction":"us-tx","citation":"Tex. Estates Code § 1352.056","heading":"USE OF PROCEEDS.","body":"Proceeds of a home equity loan that is the subject of an application under Section 1352.053 that are attributable to the minor's interest may be spent only to:\n(1) make improvements to the homestead;\n(2) pay for the minor's education or medical expenses; or\n(3) pay the loan's outstanding balance.\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 I. OTHER SPECIAL PROCEEDINGS AND SUBSTITUTES FOR GUARDIANSHIP","CHAPTER 1352. MORTGAGE OF MINOR'S INTEREST IN RESIDENCE HOMESTEAD","SUBCHAPTER B. MORTGAGE OF MINOR'S INTEREST WITHOUT GUARDIANSHIP"],"source_url":"https://statutes.capitol.texas.gov/Docs/ES/htm/ES.1352.htm#1352.056","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:08Z","sha256":"9d8144fb688916dc7cae43619c1880a625ae17b3a75eb6b93f042a37c883136b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-estates-code-1352.055","next":"us-tx/tex.-estates-code-1352.057"},"notice":"GroundRules: Original legal text. Not legal advice."}
