Sec. 12. A written acknowledgment of delivery by a custodian constitutes a sufficient receipt and discharge for custodial property transferred to the custodian pursuant to this act.
Mich. Comp. Laws § 554.532, under MICHIGAN UNIFORM TRANSFERS TO MINORS ACT.
Mich. Comp. Laws § 554.532
Sec. 12. A written acknowledgment of delivery by a custodian constitutes a sufficient receipt and discharge for custodial property transferred to the custodian pursuant to this act.