Sec. 305.101. BOND GENERALLY REQUIRED; EXCEPTIONS. (a) Except as otherwise provided by this title, a person to whom letters testamentary or of administration will be issued must enter into a bond before issuance of the letters.
(b) Letters testamentary shall be issued without the requirement of a bond to a person named as executor in a will probated in a court of this state if:
(1) the will directs that no bond or security be required of the person; and
(2) the court finds that the person is qualified.
(c) A bond is not required if a personal representative is a corporate fiduciary.
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.
Structure Texas Statutes
Title 2 - Estates of Decedents; Durable Powers of Attorney
Subtitle G - Initial Appointment of Personal Representative and Opening of Administration
Chapter 305 - Qualification of Personal Representatives
Subchapter C. General Provisions Relating to Bonds
Section 305.101. Bond Generally Required; Exceptions
Section 305.102. Bond Required From Executor Otherwise Exempt
Section 305.103. Bonds of Joint Personal Representatives
Section 305.104. Bond of Married Person
Section 305.105. Bond of Married Person Under 18 Years of Age
Section 305.106. General Formalities
Section 305.107. Subscription of Bond by Principals and Sureties
Section 305.109. Filing of Bond