Sec. 1356.055. VALID CONTRACT NOT VOIDABLE. A contract approved under Section 1356.051 that is otherwise valid is not voidable solely on the ground that it was entered into by a person during the age of minority.
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 I - Other Special Proceedings and Substitutes for Guardianship
Chapter 1356 - Court Approval of Certain Arts and Entertainment, Advertisement, and Sports Contracts
Subchapter B. Court Action Regarding Certain Contracts
Section 1356.051. Approval of Certain Contracts of a Minor
Section 1356.052. Notice Required
Section 1356.053. Necessary Parties to Proceeding
Section 1356.054. Set-Aside and Preservation of Portion of Net Earnings