Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 141.014 - Powers of Custodian(a) A custodian, acting in a custodial capacity, has all the rights, powers, and authority over custodial property that unmarried adult owners have over their own property, but a custodian may exercise those rights, powers, and authority in that capacity only.(b) This section does not relieve a custodian from liability for breach of Section 141.013.Tex. Prop. Code § 141.014
Amended by Acts 1995, 74th Leg., ch. 1043, Sec. 1, eff. 9/1/1995. Renumbered from Property Code Sec. 14 by Acts 1997, 75th Leg., ch. 165, Sec. 31.01(72), eff. 9/1/1997.