A person may make a transfer by irrevocable gift to, or the irrevocable exercise of a power of appointment in favor of, a custodian for the benefit of a minor under Section 141.010.
Tex. Prop. Code § 141.005
TRANSFER BY GIFT OR EXERCISE OF POWER OF APPOINTMENT
Known as the Texas Uniform Transfers to Minors Act
The act spans §§ 141–141 (25 sections).
Amended by Acts 1995, 74th Leg., ch. 1043, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.