Sec. 404.002. REQUIRING INDEPENDENT EXECUTOR TO GIVE BOND. When it has been provided by will, regularly probated, that an independent executor appointed by the will shall not be required to give bond for the management of the estate devised by the will, or the independent executor is not required to give bond because bond has been waived by court order as authorized under Section 401.005, then the independent executor may be required to give bond, on proper proceedings had for that purpose as in the case of personal representatives in a supervised administration, if it be made to appear at any time that the independent executor is mismanaging the property, or has betrayed or is about to betray the independent executor's trust, or has in some other way become disqualified.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1338 (S.B. 1198), Sec. 2.53, eff. January 1, 2014.
Structure Texas Statutes
Title 2 - Estates of Decedents; Durable Powers of Attorney
Subtitle I - Independent Administration
Chapter 404 - Accountings, Successors, and Other Remedies
Section 404.002. Requiring Independent Executor to Give Bond
Section 404.003. Removal of Independent Executor Without Notice
Section 404.0035. Removal of Independent Executor With Notice
Section 404.0036. Removal Order
Section 404.0037. Costs and Expenses Related to Removal of Independent Executor
Section 404.004. Powers of an Administrator Who Succeeds an Independent Executor
Section 404.005. Court-Appointed Successor Independent Administrator