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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 77(R)

HOUSE BILL 1883  

HOUSE AUTHOR: Thompson

EFFECTIVE: 09-01-01         

SENATE SPONSOR: West, Royce

House Bill 1883 amends the Texas Probate Code to require an attorney in fact or agent to timely inform a principal of all actions or decisions taken regarding the principal's property and finances, to maintain records of each action or decision, and to provide an accounting of any action or decision taken if requested by the principal. The bill prescribes information the attorney in fact or agent is required to include in an accounting and authorizes the principal to file suit to compel the attorney in fact or agent to deliver an accounting within a specified time, to deliver the assets, or to terminate the power of attorney.