Tex. Estates Code § 1101.156
This is the official text of Tex. Estates Code § 1101.156, part of Texas’s Estates Code — governs wills, probate, and estate administration.
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§ 1101.156. DEPOSIT OF ESTATE ASSETS.
Official statutory text
(a) At the time or after an order appointing a guardian is signed by the court but before letters of guardianship are issued, a court may, on the request of a party, require the deposit for safekeeping of cash, securities, or other assets of a ward or proposed ward in a financial institution described by Section 1105.155(b).
(b) The amount of the bond required to be given by the guardian under Section 1105.101 shall be reduced in proportion to the amount of the cash or the value of the securities or other assets deposited under this section.
(b) The amount of the bond required to be given by the guardian under Section 1105.101 shall be reduced in proportion to the amount of the cash or the value of the securities or other assets deposited under this section.
Status: in_force · Read it on the official government site
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