Tex. Prop. Code Section 141.021
Termination of Custodianship


The custodian shall transfer in an appropriate manner the custodial property to the minor or to the minor’s estate on the earlier of the date:

(1)

the minor attains 21 years of age, with respect to custodial property transferred under Section 141.005 (Transfer by Gift or Exercise of Power of Appointment) or 141.006 (Transfer Authorized by Will or Trust);

(2)

the minor attains the age of majority under the laws of this state other than this chapter, with respect to custodial property transferred under Section 141.007 (Other Transfer by Fiduciary) or 141.008 (Transfer by Obligor); or

(3)

the minor’s death.
Added by Acts 1995, 74th Leg., ch. 1043, Sec. 1, eff. Sept. 1, 1995. Renumbered from Property Code Sec. 21 by Acts 1997, 75th Leg., ch. 165, Sec. 31.01(72), eff. Sept. 1, 1997.

Source: Section 141.021 — Termination of Custodianship, https://statutes.­capitol.­texas.­gov/Docs/PR/htm/PR.­141.­htm#141.­021 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 141.021’s source at texas​.gov