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Tex. Property Code § 142.001

MANAGEMENT BY DECREE

Texas · Texas Property Code · Status: effective

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Tex. Property Code § 142.001, MANAGEMENT BY DECREE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/565146
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(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.