TITLE 18
Fiduciaries

CHAPTER 18-7
Uniform Transfers to Minors Act

SECTION 18-7-21


§ 18-7-21 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 twenty-one (21) years of age with respect to custodial property transferred under § 18-7-5 or 18-7-6;

(2) The minor's attainment of eighteen (18) years of age with respect to custodial property transferred under § 18-7-7 or 18-7-8; or

(3) The minor's death.

History of Section.
(P.L. 1985, ch. 389, § 2; P.L. 1998, ch. 474, § 1.)