Tex. Estates Code § 1352.105
SURETY BOND; DISCHARGE OF SURETIES
Texas · Texas Estates Code · Status: effective
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- Citation
- Tex. Estates Code § 1352.105, SURETY BOND; DISCHARGE OF SURETIES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/626144
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Full text
(a) Before a hearing under Section 1352.104 is held, the guardian of the person shall file a surety bond with the county clerk to the same extent and in the same manner as a parent or managing conservator of a minor is required to file a surety bond under Section 1352.055.
(b) The court may not discharge the guardian's sureties from all further liability under a bond required by this section or another provision of this title until the court:
(1) finds that the guardian used loan proceeds resulting from the minor ward's interest solely for the purposes authorized by Section 1352.106; and
(2) is presented with satisfactory evidence that the home equity loan has been repaid and is no longer considered an outstanding obligation.