Texas § 1301.154 ANNUAL ACCOUNTING.

Texas Statutes

§ 1301.154 — ANNUAL ACCOUNTING.

Texas § 1301.154

Code ESEstates Code

This text of Texas § 1301.154 (ANNUAL ACCOUNTING.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Estates Code Code Ann. § 1301.154 (2026).

Text

Sec. 1301.154. ANNUAL ACCOUNTING.

(a)The trustee of a management trust created for a ward shall prepare and file with the court an annual accounting of transactions in the trust in the same manner and form that is required of a guardian of the estate under this title.

(b)The trustee of a management trust created for a ward shall provide a copy of the annual account to each guardian of the ward.

(c)The annual account is subject to court review and approval in the same manner that is required of an annual account prepared by a guardian under this title.

(d)The court may not require a trustee of a trust created for a person who has only a physical disability to prepare and file with the court the annual accounting as described by Subsection (a).

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Sec. 1301.154. ANNUAL ACCOUNTING. (a) The trustee of a management trust created for a ward shall prepare and file with the court an annual accounting of transactions in the trust in the same manner and form that is required of a guardian of the estate under this title.
(b) The trustee of a management trust created for a ward shall provide a copy of the annual account to each guardian of the ward.
(c) The annual account is subject to court review and approval in the same manner that is required of an annual account prepared by a guardian under this title.
(d) The court may not require a trustee of a trust created for a person who has only a physical disability to prepare and file with the court the annual accounting as described by Subsection (a).

Legislative History

Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759 ), Sec. 1.02, eff. January 1, 2014. Amended by: Acts 2013, 83rd Leg., R.S., Ch. 161 (S.B. 1093 ), Sec. 6.069, eff. January 1, 2014. Acts 2013, 83rd Leg., R.S., Ch. 982 (H.B. 2080 ), Sec. 33, eff. January 1, 2014. Acts 2021, 87th Leg., R.S., Ch. 521 (S.B. 626 ), Sec. 62, eff. September 1, 2021.