Texas Statutes
Chapter 143 - Pooled Trust Subaccounts
Section 143.002. Application to Establish Subaccount

Sec. 143.002. APPLICATION TO ESTABLISH SUBACCOUNT. The following persons may apply to the court having jurisdiction under Section 142.005 for the establishment of a subaccount solely for the benefit of a proposed beneficiary who is a person for whom a management trust has been or could be established for the person's benefit under Section 142.005:
(1) the trustee of a management trust established under Section 142.005 for the benefit of the proposed beneficiary of the subaccount;
(2) the guardian of the person or estate, or both, of the proposed beneficiary of the subaccount;
(3) a person who has filed an application for the appointment of a guardian of the person or estate, or both, for the proposed beneficiary of the subaccount;
(4) an attorney ad litem or guardian ad litem appointed to represent the proposed beneficiary of the subaccount; or
(5) the proposed beneficiary, if the proposed beneficiary is not a minor or incapacitated person.
Added by Acts 2019, 86th Leg., R.S., Ch. 1112 (H.B. 2245), Sec. 8, eff. September 1, 2019.

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