Tex. Estates Code § 1352.056
This is the official text of Tex. Estates Code § 1352.056, part of Texas’s Estates Code — governs wills, probate, and estate administration.
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§ 1352.056. USE OF PROCEEDS.
Official statutory text
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:
(1) make improvements to the homestead;
(2) pay for the minor's education or medical expenses; or
(3) pay the loan's outstanding balance.
(1) make improvements to the homestead;
(2) pay for the minor's education or medical expenses; or
(3) pay the loan's outstanding balance.
Status: in_force · Read it on the official government site
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