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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 75(R)

SENATE BILL 887  

SENATE AUTHOR: Harris

EFFECTIVE: 09-01-97         

HOUSE SPONSOR: Hilbert

Senate Bill 887 amends the Property Code to permit the commingling of property transferred under the Uniform Transfers to Minors Act in a custodianship established under that act. This section applies only to transfers made after September 1, 1995, to a custodian of a custodianship established before September 1, 1995, under the Texas Uniform Gifts to Minors Act.