1105.161 – SURETIES FOR CERTAIN BONDS. (a) If the amount
Texas Estates Code § 1105.161
Summary
This law governs the requirements for sureties on bonds for guardians of estates when the bond amount exceeds $50,000. It specifies that the court may require either two corporate sureties or a combination of one corporate surety and two personal sureties, with the guardianship responsible for the bond costs.
Applies to guardians of estates with bonds over $50,000.
Requires two corporate sureties or one corporate and two personal sureties.
Guardianship must cover the cost of corporate surety bonds.
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In simple terms: Learn about Texas's SURETIES FOR CERTAIN BONDS. (a) If the amount 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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