(a) A guardian of the person for whom it is necessary to have a guardian appointed to receive funds from a governmental source may:
(1) administer only:
- (A) the funds received from the governmental source;
- (B) all earnings, interest, or profits derived from the funds; and
- (C) all property acquired with the funds; and
- (2) receive the funds and pay the expenses of administering the guardianship and the expenses for the support, maintenance, or education of the ward or the ward's dependents.
- (b) Expenditures under Subsection (a)(2) for the support, maintenance, or education of the ward or the ward's dependents may not exceed $12,000 during any 12-month period without the court's approval.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.