O.C.G.A.

O.C.G.A. § 44-5-120 (2019)

Single custodianship

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)

Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.

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A transfer may be made only for one minor, and only one person may be custodian. All custodial property held under the authority of this article by the same custodian for the benefit of the same minor constitutes a single custodianship.

History

(Code 1981, § 44-5-120, enacted by Ga. L. 1990, p. 667, § 1.)

Annotations

RESEARCH REFERENCES Am. Jur. 2d. - 38 Am. Jur. 2d, Gifts, § 7.

C.J.S. - 39 C.J.S., Guardian and Ward, § 20 et seq.

U.L.A. - Uniform Transfers to Minors Act (U.L.A.) § 10.