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Texas Estates Code - EST § 1105.160. Authorized Corporate or Personal Sureties

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The surety on a bond of a guardian of an estate may be an authorized corporate or personal surety.

(b) A bond of a guardian of an estate with sureties who are individuals must have at least two sureties, each of whom must:

(1) execute an affidavit in the manner provided by Subchapter E;  1 and

(2) own property in this state, excluding property exempt by law, that the judge is satisfied is sufficient to qualify the person as a surety as required by law.

(c) A bond with an authorized corporate surety is only required to have one surety, except as otherwise provided by law.

1 V.T.C.A., Estates Code § 1105.201 et seq.
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Cite this article: FindLaw.com - Texas Estates Code - EST § 1105.160. Authorized Corporate or Personal Sureties - last updated January 01, 2024 | https://codes.findlaw.com/tx/estates-code/est-sect-1105-160/

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