A transfer may be made only for one minor, and only one person may be the custodian. All custodial property held under this chapter by the same custodian for the benefit of the same minor constitutes a single custodianship.
Tex. Prop. Code § 141.011
SINGLE CUSTODIANSHIP
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.