Tex. Est. Code § 404.002

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 404.002 - Requiring Independent Executor to Give Bond

When it has been provided by will, regularly probated, that an independent executor appointed by the will shall not be required to give bond for the management of the estate devised by the will, or the independent executor is not required to give bond because bond has been waived by court order as authorized under Section 401.005, then the independent executor may be required to give bond, on proper proceedings had for that purpose as in the case of personal representatives in a supervised administration, if it be made to appear at any time that the independent executor is mismanaging the property, or has betrayed or is about to betray the independent executor's trust, or has in some other way become disqualified.

Tex. Estates § 404.002

Added by Acts 2011, 82nd Leg., R.S., Ch. 1338, Sec. 2.53, eff. 1/1/2014.