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Tex. Property Code § 143.002

APPLICATION TO ESTABLISH SUBACCOUNT

Texas · Texas Property Code · Status: effective

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Tex. Property Code § 143.002, APPLICATION TO ESTABLISH SUBACCOUNT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/565158
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The following persons may apply to the court having jurisdiction under Section 142.005 for the establishment of a subaccount solely for the benefit of a proposed beneficiary who is a person for whom a management trust has been or could be established for the person's benefit under Section 142.005: (1) the trustee of a management trust established under Section 142.005 for the benefit of the proposed beneficiary of the subaccount; (2) the guardian of the person or estate, or both, of the proposed beneficiary of the subaccount; (3) a person who has filed an application for the appointment of a guardian of the person or estate, or both, for the proposed beneficiary of the subaccount; (4) an attorney ad litem or guardian ad litem appointed to represent the proposed beneficiary of the subaccount; or (5) the proposed beneficiary, if the proposed beneficiary is not a minor or incapacitated person.