34 Tex. Admin. Code § 7.109

Current through Reg. 49, No. 45; November 8, 2024
Section 7.109 - Owners

A savings trust account may only be established with one owner at the time it is opened, and thereafter shall have only one owner except when owned by more than one individual, trust, estate, or UGMA/UTMA custodian, guardian, corporation, non-profit entity, or other legal entity (or any combination thereof) as a result of a transfer by operation of law.

34 Tex. Admin. Code § 7.109

The provisions of this §7.109 adopted to be effective July 14, 2002, 27 TexReg 6044