Tex. Prop. Code § 141.017 · Chapter 141. TRANSFERS TO MINORS
EXEMPTION OF THIRD PERSON FROM LIABILITY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A third person, in good faith and without court order, may act on the instructions of or otherwise deal with any person purporting to make a transfer or act in the capacity of a custodian and, in the absence of knowledge, is not responsible for determining the:
(1) validity of the purported custodian's designation;
(2) propriety of, or the authority under this chapter for, any act of the purported custodian;
(3) validity or propriety under this chapter of any instrument or instructions executed or given by the person purporting to make a transfer or by the purported custodian; or
(4) propriety of the application of the minor's property delivered to the purported custodian.
Notes and commentary — not statutory text
History
Added by Acts 1995, 74th Leg., ch. 1043, Sec. 1, eff. Sept. 1, 1995. Renumbered from Property Code Sec. 17 by Acts 1997, 75th Leg., ch. 165, Sec. 31.01(72), eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/PR/htm/PR.141.htm
- Text hash
- sha256 9bee6854ba78f2193d2cfa8fb2a209878b06a0ebc53f1e3a71f1b69c290440a6
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.