{"data":{"id":"us-tx/tex.-estates-code-1355.153","jurisdiction":"us-tx","citation":"Tex. Estates Code § 1355.153","heading":"DEPOSIT OF MONEY IN TRUST.","body":"(a) On receipt of money under this subchapter, an eleemosynary institution shall deposit all of the money received to the resident's trust account.\n(b) Money deposited in a trust account may be used only:\n(1) by or for the personal use of the owner of the trust account, under the rules or custom of the institution in the expenditure of money by a resident; or\n(2) by the responsible officer of the institution, for the resident's use and benefit.\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 1355. PAYMENT OF CERTAIN CLAIMS WITHOUT GUARDIANSHIP","SUBCHAPTER D. USE OF MONEY BY ELEEMOSYNARY INSTITUTION FOR BENEFIT OF RESIDENT"],"source_url":"https://statutes.capitol.texas.gov/Docs/ES/htm/ES.1355.htm#1355.153","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:08Z","sha256":"b700a4d6f2282e90a9b84758821fce4c4dee0c88cc0c5a9e7fdc71eb7a3a4de6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-estates-code-1355.152","next":"us-tx/tex.-estates-code-1355.154"},"notice":"GroundRules: Original legal text. Not legal advice."}
