Tex. Estates Code § 305.160

This is the official text of Tex. Estates Code § 305.160, part of Texas’s Estates Code — governs wills, probate, and estate administration.

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§ 305.160. INCREASED OR ADDITIONAL BONDS IN CERTAIN CIRCUMSTANCES.

Official statutory text

The provisions of this subchapter regarding the deposit of cash and securities govern, to the extent the provisions may be applicable, the court orders to be entered when:

(1) one of the following circumstances occurs:

(A) estate property has been authorized to be sold or rented;

(B) money has been borrowed on estate property; or

(C) real property, or an interest in real property, has been authorized to be leased for mineral development or subjected to unitization; and

(2) the general bond has been found to be insufficient.

Status: in_force · Read it on the official government site

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