Tex. Est. Code Section 1105.153
Evidentiary Hearing on Amount of Bond

Before setting the amount of a bond required of a guardian of an estate, the court shall hear evidence and determine:

(1)

the amount of cash on hand and where that cash is deposited;

(2)

the amount of cash estimated to be needed for administrative purposes, including the operation of a business, factory, farm, or ranch owned by the guardianship estate, and administrative expenses for one year;

(3)

the revenue anticipated to be received in the succeeding 12 months from dividends, interest, rentals, or use of property belonging to the guardianship estate and the aggregate amount of any installments or periodic payments to be collected;

(4)

the estimated value of certificates of stock, bonds, notes, or other securities of the ward, and the name of the depository in which the stocks, bonds, notes, or other securities are deposited;

(5)

the face value of life insurance or other policies payable to the ward or the ward’s estate;

(6)

the estimated value of other personal property that is owned by the guardianship, or by a person with a disability; and

(7)

the estimated amount of debts due and owing by the ward.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.

Source: Section 1105.153 — Evidentiary Hearing on Amount of Bond, https://statutes.­capitol.­texas.­gov/Docs/ES/htm/ES.­1105.­htm#1105.­153 (accessed Apr. 29, 2024).

1105.001
Definitions 1105.002
Manner of Qualification of Guardian 1105.003
Period for Taking Oath or Making Declaration and Giving Bond 1105.051
Oath or Declaration of Guardian 1105.052
Administration of Oath or Making of Declaration 1105.101
Bond Generally Required 1105.102
Bond for Certain Guardians of the Person 1105.103
Bond Required from Guardian Otherwise Exempt 1105.104
Bonds of Joint Guardians 1105.105
Bond of Married Person 1105.107
Bond of Guardianship Program 1105.108
Subscription of Bond by Principals and Sureties 1105.109
Form of Bond 1105.110
Filing of Bond 1105.111
Failure to Give Bond 1105.112
Bond Not Void on First Recovery 1105.151
General Formalities 1105.152
General Standard Regarding Amount of Bond 1105.153
Evidentiary Hearing on Amount of Bond 1105.154
Specific Bond Amount 1105.155
Agreement Regarding Deposit of Estate Assets 1105.156
Deposit of Estate Assets on Terms Prescribed by Court 1105.157
Deposits of Guardian 1105.158
Bond Required Instead of Deposits 1105.159
Withdrawal of Deposits on Closing of Guardianship 1105.160
Authorized Corporate or Personal Sureties 1105.161
Sureties for Certain Bonds 1105.162
Deposits by Personal Surety 1105.163
Applicability of Subchapter to Certain Court Orders 1105.201
Affidavit of Personal Surety 1105.202
Lien on Real Property Owned by Personal Surety 1105.203
Subordination of Lien on Real Property Owned by Personal Surety 1105.204
Release of Lien on Real Property Owned by Personal Sureties 1105.251
Grounds for Requiring New Bond 1105.252
Court Order or Citation on New Bond 1105.253
Show Cause Hearing on New Bond Requirement 1105.254
Effect of Order Requiring New Bond 1105.255
New Bond in Decreased Amount 1105.256
Request by Surety for New Bond 1105.257
Discharge of Former Sureties on Approval of New Bond
Green check means up to date. Up to date

Accessed:
Apr. 29, 2024

§ 1105.153’s source at texas​.gov