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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Before a judge considers a bond with a personal surety, each personal surety must execute an affidavit stating the amount by which the surety's assets that are reachable by creditors exceeds the surety's liabilities. The total of the surety's worth must equal at least twice the amount of the bond.
(b) Each affidavit must be presented to the judge for consideration and, if approved, shall be attached to and form part of the bond.
Cite this article: FindLaw.com - Texas Estates Code - EST § 1105.201. Affidavit of Personal Surety - last updated January 01, 2024 | https://codes.findlaw.com/tx/estates-code/est-sect-1105-201/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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