Sec. 1151.002. RIGHTS OF GOOD FAITH PURCHASERS. (a) This section applies only to a guardian who has qualified acting as guardian and in conformity with the law and the guardian's authority.
(b) A guardian's act is valid for all purposes regarding the rights of an innocent purchaser of property of the guardianship estate who purchased the property from the guardian for valuable consideration, in good faith, and without notice of any illegality in the title to the property, regardless of whether the guardian's act or the authority under which the act was performed is subsequently set aside, annulled, or declared invalid.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.
Structure Texas Statutes
Title 3 - Guardianship and Related Procedures
Subtitle E - Administration of Guardianship
Chapter 1151 - Rights, Powers, and Duties Under Guardianship
Subchapter A. Rights, Powers, and Duties in General
Section 1151.001. Rights and Powers Retained by Ward
Section 1151.002. Rights of Good Faith Purchasers
Section 1151.003. Guardian May Not Dispute Ward's Right to Property; Exception
Section 1151.004. Powers and Duties of Person Serving as Guardian of Both Person and Estate
Section 1151.005. Legal Proceedings in Which Ward Is Party or Witness