141.015 – USE OF CUSTODIAL PROPERTY. (a) A custodian may
Texas Property Code § 141.015
Summary
This law allows custodians to use custodial property for a minor's benefit without needing court approval. It gives custodians the discretion to decide how much to spend or deliver to the minor, regardless of other financial obligations or the minor's other assets.
Custodians can use custodial property for minors without court approval.
Custodians have discretion on the amount spent for the minor's benefit.
Other financial obligations of the custodian do not affect this authority.
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In simple terms: Learn about Texas's USE OF CUSTODIAL PROPERTY. (a) A custodian may 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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