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 age eighteen (18) with respect to custodial property transferred under KRS 385.042 to 385.072; or
(2) The minor's death. Effective: July 15, 1986 History: Created 1986 Ky. Acts ch. 182, sec. 20, effective July 15, 1986.
Notes of Decisions
Cited in
2
cases, 2010–2012 · leading case:
Peter v. Gibson, 336 S.W.3d 2 (Ky. 2010).
Peter v. Gibson, 336 S.W.3d 2 (Ky. 2010).
· cites it 29× “" We also note that since Appellant failed to relinquish the custodial property to Appellee as required by KRS 385.202, a constructive trust was created.”
Hempel v. Hempel, 380 S.W.3d 549 (Ky. Ct. App. 2012).
“Pursuant to the provisions of KRS 385.202, Karen presumably transferred the custodial property belonging to the parties’ elder child when she reached the age of eighteen.”
Ky. Rev. Stat. § 385.202(1): 1 case
Peter v. Gibson, 336 S.W.3d 2 (Ky. 2010).
“" We also note that since Appellant failed to relinquish the custodial property to Appellee as required by KRS 385.202, a constructive trust was created.”
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