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Texas Probate Code - Section 903. Approval Of Certain Contracts Of Minors; Not Voidable

Legal Research Home > Texas Laws > Probate Code > Texas Probate Code - Section 903. Approval Of Certain Contracts Of Minors; Not Voidable

§ 903. APPROVAL OF CERTAIN CONTRACTS OF MINORS;  NOT 
VOIDABLE.  (a) A court, on petition of the guardian of the estate of 
the minor, may enter an order approving for purposes of this subpart 
an arts and entertainment contract, advertisement contract, or 
sports contract that is entered into by a minor.  The court may 
approve the contract only after the guardian of the minor's estate 
provides to the other party to the contract notice of the petition 
and an opportunity to request a hearing in the manner provided by 
the court.
	(b)  The approval of a contract under this section extends to 
the contract as a whole and any of the terms and provisions of the 
contract, including any optional or conditional provision in the 
contract relating to the extension or termination of its term.
	(c)  A court may withhold approval of a contract under which 
part of the minor's net earnings under the contract will be set 
aside as provided by Section 904 of this code until the guardian of 
the minor's estate executes and files with the court written 
consent to the making of the order.
	(d)  An otherwise valid contract approved under this section 
may not be voidable solely on the ground that it was entered into by 
a person during the age of minority.
	(e)  Each parent of the minor is a necessary party to a 
proceeding brought under this section.

Added by Acts 2001, 77th Leg., ch. 799, § 1, eff. Sept. 1, 2001.           

Last modified: August 11, 2007