Sec. 455.002. BOND OF PUBLIC PROBATE ADMINISTRATOR. (a) The public probate administrator must execute an official bond of at least $100,000 conditioned as required by law and payable to the statutory probate court judge who appointed the public probate administrator.
(b) In addition to the official bond of office, at any time, for good cause, the statutory probate court judge who appointed the public probate administrator may require the administrator to post an additional corporate surety bond for individual estates. The additional bonds shall bear the written approval of the judge requesting the additional bond.
(c) The county may choose to self-insure the public probate administrator for the minimum bond amount required by this section.
Added by Acts 2013, 83rd Leg., R.S., Ch. 671 (H.B. 1755), Sec. 2, eff. January 1, 2014.
Structure Texas Statutes
Title 2 - Estates of Decedents; Durable Powers of Attorney
Subtitle J - Additional Matters Relating to the Administration of Certain Estates
Chapter 455 - Public Probate Administrator
Section 455.002. Bond of Public Probate Administrator
Section 455.003. Funding of Public Probate Administrator's Office
Section 455.004. Powers and Duties
Section 455.005. Informing Public Probate Administrator
Section 455.006. Public Probate Administrator's Initiation of Administration
Section 455.007. Access to Information
Section 455.008. Small Estates
Section 455.009. Small Estate Affidavit
Section 455.010. Grant of Administration
Section 455.011. Withdrawal of Public Probate Administrator and Appointment of Successor