# Tex. Property Code § 142.001: MANAGEMENT BY DECREE

> Texas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_Cpr_C142_S142.001

## Section

- **Citation:** Tex. Property Code § 142.001
- **Heading:** MANAGEMENT BY DECREE
- **Jurisdiction:** Texas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TX Code / Code pr / Chapter 142 / Section 142.001

## Text

(a) In a suit in which a minor or incapacitated person who has no legal guardian is represented by a next friend or an appointed guardian ad litem, the court, on application and hearing, may provide by decree for the investment of funds accruing to the minor or other person under the judgment in the suit.

(b) If the decree is made during vacation, it must be recorded in the minutes of the succeeding term of the court.

## Nearby sections

- [Tex. Property Code § 142.001 § 142.001. MANAGEMENT BY DECREE.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cpr_C142_S142.001.md)
- [Tex. Property Code § 142.002 § 142.002. MANAGEMENT BY BONDED MANAGER.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cpr_C142_S142.002.md)
- [Tex. Property Code § 142.003 § 142.003. COMPENSATION AND DUTIES OF MANAGERS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cpr_C142_S142.003.md)
- [Tex. Property Code § 142.004 § 142.004. INVESTMENT OF FUNDS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cpr_C142_S142.004.md)
- [Tex. Property Code § 142.005 § 142.005. TRUST FOR PROPERTY.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cpr_C142_S142.005.md)
- [Tex. Property Code § 142.006 § 142.006. CLAIMS AGAINST PROPERTY.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cpr_C142_S142.006.md)
- [Tex. Property Code § 142.007 § 142.007. INCAPACITATED PERSON.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cpr_C142_S142.007.md)
- [Tex. Property Code § 142.008 § 142.008. STRUCTURED SETTLEMENT.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cpr_C142_S142.008.md)
- [Tex. Property Code § 142.009 § 142.009. ANNUITY CONTRACT REQUIREMENTS FOR STRUCTURED SETTLEMENT.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cpr_C142_S142.009.md)
- [Tex. Property Code § 142.010 § 142.010. TRANSFER OF TRUST PROPERTY TO A POOLED TRUST SUBACCOUNT.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cpr_C142_S142.010.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_Cpr_C142_S142.001. Check the current official text before relying on it. Not legal advice.