Texas Estates Code § 1151.105 Ordinary Diligence Required

Sec. 1151.105. ORDINARY DILIGENCE REQUIRED. (a) If there is a reasonable prospect of collecting the claims or recovering the property, the guardian of the estate shall use ordinary diligence to:

(1) collect all claims and debts due the ward; and

(2) recover possession of all property to which the ward has claim or title.

(b) If the guardian wilfully neglects to use ordinary diligence, the guardian and the sureties on the guardian's bond are liable, on the suit of any person interested in the estate, for the use of the estate, the amount of the claims, or the value of the property that has been lost due to the guardian's neglect.

Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.


Section: Previous  1151.054  1151.055  1151.056  1151.101  1151.102  1151.103  1151.104  1151.105  1151.151  1151.152  1151.153  1151.154  1151.155  1151.201  1151.202  Next

Last modified: September 28, 2016