Texas Statutes
§ 1355.153 — DEPOSIT OF MONEY IN TRUST.
Texas § 1355.153
JurisdictionTexas
Code ESEstates Code
This text of Texas § 1355.153 (DEPOSIT OF MONEY IN TRUST.) 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. § 1355.153 (2026).
Text
Sec. 1355.153. DEPOSIT OF MONEY IN TRUST.
(a)On receipt of money under this subchapter, an eleemosynary institution shall deposit all of the money received to the resident's trust account.
(b)Money deposited in a trust account may be used only:
(1)by or for the personal use of the owner of the trust account, under the rules or custom of the institution in the expenditure of money by a resident; or
(2)by the responsible officer of the institution, for the resident's use and benefit.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759 ), Sec. 1.02, eff. January 1, 2014.
Nearby Sections
13
§ 1355.001
PAYMENT OF CLAIMS TO RESIDENT CREDITOR.§ 1355.051
INVESTMENT OF MONEY BY CLERK.§ 1355.052
ANNUAL REPORT.§ 1355.101
APPLICABILITY OF SUBCHAPTER.§ 1355.102
CUSTODIAN OF RESIDENT CREDITOR.§ 1355.103
WITHDRAWAL OF MONEY BY CUSTODIAN; BOND.§ 1355.104
CUSTODIAN'S REPORT.§ 1355.151
APPLICABILITY OF SUBCHAPTER.§ 1355.152
PAYMENT OF MONEY TO INSTITUTION.§ 1355.153
DEPOSIT OF MONEY IN TRUST.§ 1355.154
DEATH OF RESIDENT OR DEPLETION OF MONEY.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1355.153, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/ES/1355.153.