# Tex. Property Code § 142.003: COMPENSATION AND DUTIES OF MANAGERS

> Texas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_Cpr_C142_S142.003

## Section

- **Citation:** Tex. Property Code § 142.003
- **Heading:** COMPENSATION AND DUTIES OF MANAGERS
- **Jurisdiction:** Texas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TX Code / Code pr / Chapter 142 / Section 142.003

## Text

(a) A person who manages property under Section 142.001 or 142.002 is entitled to receive compensation as allowed by the court.

(b) The person shall make dispositions of the property as ordered by the court and shall return the property into court on the order 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_S142.003. Check the current official text before relying on it. Not legal advice.