Tex. Prop. Code Section 142.001
Management by Decree

(a)

In a suit in which a minor or incapacitated person who has no legal guardian is represented by a next friend or an appointed guardian ad litem, the court, on application and hearing, may provide by decree for the investment of funds accruing to the minor or other person under the judgment in the suit.

(b)

If the decree is made during vacation, it must be recorded in the minutes of the succeeding term of the court.
Acts 1983, 68th Leg., p. 3711, ch. 576, Sec. 1, eff. Jan. 1, 1984. Amended by Acts 1984, 68th Leg., 2nd C.S., ch. 18, Sec. 14(b), eff. Oct. 2, 1984; Acts 1999, 76th Leg., ch. 195, Sec. 2, eff. Sept. 1, 1999.

Source: Section 142.001 — Management by Decree, https://statutes.­capitol.­texas.­gov/Docs/PR/htm/PR.­142.­htm#142.­001 (accessed May 25, 2024).

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Accessed:
May 25, 2024

§ 142.001’s source at texas​.gov