(a) This article applies to both of the following cases:
(1) Where the minor has a guardian of the estate and the sole asset of the guardianship estate is money.
(2) Where the minor has no guardian of the estate and there is money belonging to the minor.
(b) This article does not apply to, and there shall be excluded in computing “money belonging to the minor” for the purpose of this article, all of the following:
(1) Money or property which is or will be held as “custodial property” pursuant to the California Uniform Transfers to Minors Act, Part 9 (commencing with Section 3900).
(2) Any money or property subject to court order pursuant to subdivision (c) of Section 3602 or Article 2 (commencing with Section 3610) of Chapter 4.
(Enacted by Stats. 1990, Ch. 79.)