1105.152 – GENERAL STANDARD REGARDING AMOUNT OF BOND. (a)
Texas Estates Code § 1105.152
Summary
This law requires a judge to set a bond amount for guardians of an estate that adequately protects both the guardianship and its creditors. The court must exclude any estate assets held in a management trust when determining the bond amount.
Judges determine bond amounts for guardians of estates.
Bond must protect the guardianship and its creditors.
Assets in management trusts are excluded from bond calculations.
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In simple terms: Learn about Texas's GENERAL STANDARD REGARDING AMOUNT OF BOND. (a) law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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