(a) The custodian shall file with the county clerk a sworn report of the custodian’s accounting when the custodian has:
(1) spent the money in accordance with the court‘s directions; or
(2) otherwise complied with the terms of the custodian’s bond by accounting for the money and any increase in the money.
(b) The filing of a custodian’s report, when approved by the court, operates as a discharge of the person as custodian and of the person’s sureties from all further liability under the bond.

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Texas Estates Code 1355.104

  • Court: means and includes:
    (1) a county court in the exercise of its probate jurisdiction;
    (2) a court created by statute and authorized to exercise original probate jurisdiction; and
    (3) a district court exercising original probate jurisdiction in a contested matter. See Texas Estates Code 22.007
  • Person: includes a natural person and a corporation. See Texas Estates Code 22.027
  • sworn: includes affirm or affirmed. See Texas Government Code 312.011

(c) The court shall satisfy itself that the custodian’s report is true and correct and may require proof as in other cases.