Texas Estates Code § 1157.202 Purchase Of Claim By Guardian Prohibited

Sec. 1157.202. PURCHASE OF CLAIM BY GUARDIAN PROHIBITED. (a) A guardian may not purchase, for the guardian's own use or for any other purpose, a claim against the guardianship the guardian represents.

(b) On written complaint by a person interested in the guardianship estate and on satisfactory proof of a violation of Subsection (a), the court after citation and hearing shall enter an order canceling the claim described by Subsection (a). No part of the canceled claim may be paid out of the guardianship.

(c) The court may remove a guardian for a violation of this section.

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

Section: Previous  1157.063  1157.064  1157.065  1157.101  1157.102  1157.103  1157.104  1157.105  1157.106  1157.107  1157.108  1157.151  1157.152  1157.153  1157.201

Last modified: September 28, 2016