Sec. 1161.007. HEARING TO PROTECT ESTATE. (a) The court may, on the court's own motion or on written request of a person interested in the guardianship, cite the guardian of the estate to appear and show cause why the estate is not invested or not properly invested.
(b) Except as provided by Subsection (d), at any time after giving notice to all parties, the court may conduct a hearing to protect the estate.
(c) On the hearing of the court's motion or a request made under this section, the court shall issue an order the court considers to be in the ward's best interests.
(d) The court may not hold a final hearing on whether the estate is properly invested until the 31st day after the date the guardian is originally cited to appear under Subsection (a).
(e) The court may appoint a guardian ad litem for the limited purpose of representing the ward's best interests with respect to the investment of the ward's property at a hearing under this section.
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 1161 - Investments and Loans of Estates of Wards
Subchapter A. General Provisions
Section 1161.001. Guardian's Duty to Keep Estate Invested
Section 1161.002. Standard for Management and Investment of Estate
Section 1161.003. Investments That Meet Standard for Investment
Section 1161.004. Restrictions on Investment in Certain Bonds
Section 1161.005. Modification or Elimination of Duty or Standard
Section 1161.006. Retention of Certain Assets
Section 1161.007. Hearing to Protect Estate
Section 1161.008. Liability of Guardian and Guardian's Surety