Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1105.160 - Authorized Corporate or Personal Sureties(a) The surety on a bond of a guardian of an estate may be an authorized corporate or personal surety.(b) A bond of a guardian of an estate with sureties who are individuals must have at least two sureties, each of whom must:(1) execute an affidavit in the manner provided by Subchapter E; and(2) own property in this state, excluding property exempt by law, that the judge is satisfied is sufficient to qualify the person as a surety as required by law.(c) A bond with an authorized corporate surety is only required to have one surety, except as otherwise provided by law.Added by Acts 2011, 82nd Leg., R.S., Ch. 823, Sec. 1.02, eff. 1/1/2014.