141.009 – RECEIPT FOR CUSTODIAL PROPERTY. A written
Texas Property Code § 141.009
Summary
This law establishes that a written acknowledgment from a custodian serves as a valid receipt for custodial property. It affects custodians and individuals transferring property under this chapter, ensuring clarity in property transfers.
Written acknowledgment acts as a receipt for custodial property.
Custodians must provide this acknowledgment upon receiving property.
Validates the transfer and discharge of custodial responsibilities.
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In simple terms: Learn about Texas's RECEIPT FOR CUSTODIAL PROPERTY. A written law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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