Sec. 1155.007. REDUCTION OR ELIMINATION OF ESTIMATED QUARTERLY COMPENSATION. (a) A court that authorizes payment of estimated quarterly compensation under Section 1155.006(a) may later reduce or eliminate the guardian's compensation if, on review of an annual or final accounting or otherwise, the court finds that the guardian:
(1) received compensation in excess of the amount permitted under this subchapter;
(2) has not adequately performed the duties required of a guardian under this title; or
(3) has been removed for cause.
(b) If a court reduces or eliminates a guardian's compensation as provided by Subsection (a), the guardian and the surety on the guardian's bond are liable to the guardianship estate for any excess compensation received.
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 1155 - Compensation, Expenses, and Court Costs
Subchapter A. Compensation of Guardians in General
Section 1155.002. Compensation for Certain Guardians of the Person
Section 1155.003. Compensation for Guardian of the Estate
Section 1155.004. Considerations in Authorizing Compensation
Section 1155.005. Maximum Aggregate Compensation
Section 1155.007. Reduction or Elimination of Estimated Quarterly Compensation