Texas Estates Code 1354.007 – Closing Receivership; Notice
(a) When the threatened danger has abated and the estate is no longer liable to injury, loss, or waste because there is no guardian or other representative of the estate, the receiver shall:
(1) report to the judge; and
(2) file with the clerk a full and final sworn account of:
(A) all property of the estate received by the receiver;
(B) all property of the estate in the receiver’s possession while the receivership was pending;
(C) all sums paid out;
(D) all acts performed by the receiver with respect to the estate; and
(E) all property of the estate remaining in the receiver’s possession on the date of the report.
(b) On the filing of the report, the clerk shall:
(1) issue and cause to be posted a notice to all persons interested in the welfare of the incapacitated person; and
(2) give personal notice to the person who has custody of the incapacitated person to appear before the judge at a time and place specified in the notice and contest the report and account if the person desires.
Terms Used In Texas Estates Code 1354.007
- Estate: means a decedent's property, as that property:
(1) exists originally and as the property changes in form by sale, reinvestment, or otherwise;
(2) is augmented by any accretions and other additions to the property, including any property to be distributed to the decedent's representative by the trustee of a trust that terminates on the decedent's death, and substitutions for the property; and
(3) is diminished by any decreases in or distributions from the property. See Texas Estates Code 22.012 - Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Judge: means the presiding judge of any court having original jurisdiction over probate proceedings, regardless of whether the court is:
(1) a county court in the exercise of its probate jurisdiction;
(2) a court created by statute and authorized to exercise probate jurisdiction; or
(3) a district court exercising probate jurisdiction in a contested matter. See Texas Estates Code 22.019 - Person: includes a natural person and a corporation. See Texas Estates Code 22.027
- Property: means real and personal property. See Texas Government Code 311.005
- sworn: includes affirm or affirmed. See Texas Government Code 312.011