Texas § 141.021 TERMINATION OF CUSTODIANSHIP.

Texas Statutes

§ 141.021 — TERMINATION OF CUSTODIANSHIP.

Texas § 141.021

Code PRProperty Code

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Bluebook

Tex. Property Code Code Ann. § 141.021 (2026).

Text

Sec. 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 or 141.006 ;

(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 or 141.008 ; or

(3)the minor's death.

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Sec. 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 or 141.006 ;
(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 or 141.008 ; or
(3) the minor's death.

Legislative History

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.