Texas § ES.1161.008 - LIABILITY OF GUARDIAN AND GUARDIAN'S SURETY
Full text of Texas The Texas Constitution § ES.1161.008 — LIABILITY OF GUARDIAN AND GUARDIAN'S SURETY, with citation guidance and answers to common questions.
§ ES.1161.008. LIABILITY OF GUARDIAN AND GUARDIAN'S SURETY
LIABILITY OF GUARDIAN AND GUARDIAN'S SURETY. (a) In addition to any other remedy authorized by law, if the guardian of the estate fails to invest or lend estate assets in the manner provided by this chapter, the guardian and the guardian's surety are liable for the principal and the greater of: (1) the highest legal rate of interest on the principal during the period the guardian failed to invest or lend the assets; or (2) the overall return that would have been made on the principal if the principal were invested in the manner provided by this chapter. (b) In addition to the liability under Subsection (a), the guardian and the guardian's surety are liable for attorney's fees, litigation expenses, and costs related to a proceeding brought to enforce this section. Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759 ), Sec. 1.02, eff. January 1, 2014. SUBCHAPTER B. PROCEDURE FOR MAKING INVESTMENTS OR LOANS OR RETAINING ESTATE ASSETS
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § ES.1161.008
What does The Texas Constitution § ES.1161.008 cover?
Section ES.1161.008 ("LIABILITY OF GUARDIAN AND GUARDIAN'S SURETY") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § ES.1161.008?
A common citation format is "The Texas Constitution § ES.1161.008" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § ES.1161.008 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.