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Texas Estates Code - EST § 1105.251. Grounds for Requiring New Bond

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

(a) A guardian may be required to give a new bond if:

(1) a surety on a bond dies, removes beyond the limits of this state, or becomes insolvent;

(2) in the court's opinion:

(A) the sureties on a bond are insufficient;  or

(B) a bond is defective;

(3) the amount of a bond is insufficient;

(4) a surety on a bond petitions the court to be discharged from future liability on the bond;  or

(5) a bond and the record of the bond have been lost or destroyed.

(b) A person interested in the guardianship may have the guardian cited to appear and show cause why the guardian should not be required to give a new bond by filing a written application with the county clerk of the county in which the guardianship proceeding is pending.  The application must allege that:

(1) the bond is insufficient or defective;  or

(2) the bond and the record of the bond have been lost or destroyed.

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Cite this article: FindLaw.com - Texas Estates Code - EST § 1105.251. Grounds for Requiring New Bond - last updated January 01, 2024 | https://codes.findlaw.com/tx/estates-code/est-sect-1105-251/

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