Chapter 5A - Uniform Transfers to Minors Act.

Chapter 5A - Uniform Transfers to Minors Act.

Section 35-5A-1 - Short title.
Section 35-5A-2 - Definitions.
Section 35-5A-3 - Transfers and custodians to which chapter applicable; personal jurisdiction over custodian; transfers made under law of another state.
Section 35-5A-4 - Nomination of custodian.
Section 35-5A-5 - Transfer by gift or exercise of power of appointment.
Section 35-5A-6 - Transfer by will or trust.
Section 35-5A-7 - Other transfer by fiduciary.
Section 35-5A-8 - Transfer by obligor.
Section 35-5A-9 - Receipt and discharge for transfer of custodial property.
Section 35-5A-10 - Manner of creating custodial property and effecting transfer; form of transfer; control of custodial property.
Section 35-5A-11 - Transfer to be for one minor; only one custodian; single custodianship.
Section 35-5A-12 - Validity of transfer; interest conveyed; rights of custodian and minor as to property transferred; provisions of chapter incorporated in transfer; transfer does not authorize settlement or release of claims.
Section 35-5A-13 - Powers and duties of custodian as to custodial property generally.
Section 35-5A-14 - Custodian has rights and powers that unmarried adult would have as to property.
Section 35-5A-15 - Delivery, payment, or expenditure of custodial property for benefit of minor.
Section 35-5A-16 - Custodian's expenses, compensation, and bond.
Section 35-5A-17 - Exemption of third person from liability for good faith dealings with custodian.
Section 35-5A-18 - Claims against custodial property; personal liability of custodian and minor.
Section 35-5A-19 - Renunciation, resignation, death or removal of custodian; designation of successor custodian.
Section 35-5A-20 - Accounting by and determining of liability of custodian.
Section 35-5A-21 - Termination of custodianship upon minor's reaching age 21 or age of majority or upon minor's death.
Section 35-5A-22 - Applicability of chapter.
Section 35-5A-23 - Transfers made before and custodianships existing on October 1, 1986; property held in custodianship which terminated between July 22, 1975, and October 1, 1986, when minor attained age 19.
Section 35-5A-24 - Uniformity of application and construction.

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