1. A custodian may deliver or pay to the minor or expend for the minor’s benefit so much
of the custodial property as the custodian considers advisable for the use and benefit of the
minor, without court order and without regard to:
a. The duty or ability of the custodian personally or of any other person to support the
minor; or
b. Any other income or property of the minor which may be applicable or available for
that purpose.
2. On petition of an interested person or the minor if the minor has attained the age of
fourteen years, the court may order the custodian to deliver or pay to the minor or expend
for the minor’s benefit so much of the custodial property as the court considers advisable for
the use and benefit of the minor.
3. A delivery, payment, or expenditure under this section is in addition to, not in
substitution for, and does not affect any obligation of a person to support the minor.
86 Acts, ch 1035, §14
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Notes of Decisions
In Re Marriage of Kupferschmidt, 705 N.W.2d 327 (Iowa Ct. App. 2005).
· cites it 4× “Iowa Code § 565B.14(1) (1999). The custodians of a transfer under UTMA may use their discretion to make expenditures on behalf of the minor.”
In Re the Marriage of Rosenfeld, 668 N.W.2d 840 (Iowa 2003).
· cites it 4× “Iowa Code § 565B.14(1) (1999). The custodians of a transfer under UTMA may use their discretion to make expenditures on behalf of the minor.”
— Iowa Code § 565B.14(1) — 2 cases
In Re Marriage of Kupferschmidt, 705 N.W.2d 327 (Iowa Ct. App. 2005).
“Iowa Code § 565B.14(1) (1999). The custodians of a transfer under UTMA may use their discretion to make expenditures on behalf of the minor.”
In Re the Marriage of Rosenfeld, 668 N.W.2d 840 (Iowa 2003).
“Iowa Code § 565B.14(1) (1999). The custodians of a transfer under UTMA may use their discretion to make expenditures on behalf of the minor.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.