Texas Probate Code - Section 768. General Powers And Duties Of Guardian Of The Estate
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§ 768. GENERAL POWERS AND DUTIES OF GUARDIAN OF THE
ESTATE. The guardian of the estate of a ward is entitled to the
possession and management of all property belonging to the ward, to
collect all debts, rentals, or claims that are due to the ward, to
enforce all obligations in favor of the ward, and to bring and
defend suits by or against the ward; but, in the management of the
estate, the guardian is governed by the provisions of this chapter.
It is the duty of the guardian of the estate to take care of and
manage the estate as a prudent person would manage the person's own
property, except as otherwise provided by this chapter. The
guardian of the estate shall account for all rents, profits, and
revenues that the estate would have produced by such prudent
management.
Added by Acts 1993, 73rd Leg., ch. 957, § 1, eff. Sept. 1, 1993.
Amended by Acts 2003, 78th Leg., ch. 549, § 18, eff. Sept. 1,
2003.
Section: 760B 761 762 763 764 765 767 768 769 770 770A 771 772 773 774
Last modified: August 11, 2007
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