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Tex. Estates Code § 1355.051

INVESTMENT OF MONEY BY CLERK

Texas · Texas Estates Code · Status: effective

Banking, Finance & Insurance
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Tex. Estates Code § 1355.051, INVESTMENT OF MONEY BY CLERK, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/626182
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(a) On receipt of a payment under Section 1355.001, the county clerk shall invest the money as authorized under this title under court order in the name and for the account of the minor or other person entitled to the money. (b) The county clerk shall credit any increase, dividend, or income from an investment made under this chapter to the account of the minor or other person entitled to the investment.