TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

CHAPTER 26. UNIFORM TRANSFERS TO MINORS ACT

Part 8. Renunciation, Resignation, Death, or Removal of Custodian -- Accounting -- Termination -- Successor

Termination Of Custodianship

72-26-803. Termination of custodianship. The custodian shall transfer in an appropriate manner the custodial property to the minor or to the minor's estate upon the earlier of:

(1) the minor's attainment of 21 years of age with respect to custodial property transferred under 72-26-604 or 72-26-605;

(2) the minor's attainment of 18 years of age with respect to custodial property transferred under 72-26-606 or 72-26-607; or

(3) the minor's death.

History: En. Sec. 22, Ch. 102, L. 1985.