404.021. Single custodianship — but custodian may serve more than one minor. — A transfer of property under sections 404.005 to 404.094 may be made to only one minor and only one person may be custodian of the property transferred. A person may be a custodian of property for more than one minor, but the custodian shall separately hold and administer the custodial property for each minor.
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(L. 1985 S.B. 35, et al. § 2 subsec. 5)
---- end of effective 28 Aug 1985 ----
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