Syfert Injury Law Firm

Short title.

Definitions.

Scope and jurisdiction.

Nomination of custodian.

Transfer by gift or exercise of power of appointment.

Transfer authorized by will or trust.

Other transfer by fiduciary.

Transfer by obligor.

Receipt for custodial property.

Manner of creating custodial property and effecting transfer; designation of initial custodian; control.

Single custodianship.

Validity and effect of transfer.

Care of custodial property.

Powers of custodian.

Use of custodial property.

Custodian’s expenses, compensation, and bond.

Exemption of third person from liability.

Liability to third persons.

Renunciation, resignation, death, or removal of custodian; designation of successor custodian.

Accounting by and determination of liability of custodian.

Termination of custodianship.

Applicability.

Effect on existing custodianships.

Uniformity of application and construction.