1105.153 – EVIDENTIARY HEARING ON AMOUNT OF BOND. Before
Texas Estates Code § 1105.153
Summary
This law mandates that a court must conduct an evidentiary hearing to determine the appropriate bond amount for a guardian of an estate. It ensures that the court considers the guardian's financial needs and the estate's revenue before setting the bond.
Court must hold a hearing before setting bond amount.
Factors include cash on hand and administrative needs.
Anticipated revenue from the estate is also considered.
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In simple terms: Learn about Texas's EVIDENTIARY HEARING ON AMOUNT OF BOND. Before 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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