141.014 – POWERS OF CUSTODIAN. (a) A custodian, acting in
Texas Property Code § 141.014
Summary
This law outlines the powers of a custodian managing custodial property, granting them similar rights as unmarried adult owners. However, custodians must exercise these rights solely in their custodial role and remain liable for any breaches of related duties.
Custodians have rights similar to unmarried adult owners.
Custodians must act only in their custodial capacity.
Custodians are liable for breaches of related duties.
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In simple terms: Learn about Texas's POWERS OF CUSTODIAN. (a) A custodian, acting in 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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