USE OF PROCEEDS.

Tex. ESTATES Code § 1352.106.
in effect
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Proceeds of a home equity loan that is the subject of an application under Section 1352.102 that are attributable to the minor ward's interest may be spent only to: (1) make improvements to the homestead; (2) pay for the ward's education or maintenance expenses; or (3) pay the loan's outstanding balance. Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759 ), Sec. 1.02, eff. January 1, 2014.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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