1105.160 – AUTHORIZED CORPORATE OR PERSONAL SURETIES. (a)
Texas Estates Code § 1105.160
Summary
This law allows guardians of an estate to use either corporate or personal sureties for their bonds. It specifies that if individual sureties are used, there must be at least two, and they must meet certain property ownership requirements in Texas.
Guardians can choose corporate or personal sureties for bonds.
Individual sureties must be at least two and own Texas property.
Exempt property cannot be counted towards the surety requirements.
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In simple terms: Learn about Texas's AUTHORIZED CORPORATE OR PERSONAL SURETIES. (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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