Tex. Property Code § 141.017
EXEMPTION OF THIRD PERSON FROM LIABILITY
Texas · Texas Property Code · Status: effective
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- Citation
- Tex. Property Code § 141.017, EXEMPTION OF THIRD PERSON FROM LIABILITY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/565136
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Full text
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.