Mich. Comp. Laws » Michigan Compiled Laws / Chapter 554 / Act 433 of 1998
Michigan Compiled Laws

Mich. Comp. Laws § 554.521 (2026)

Short title.

✓ current as of July 2026
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MICHIGAN UNIFORM TRANSFERS TO MINORS ACT


Act 433 of 1998


554.521 Short title.

Sec. 1.

    This act shall be known and may be cited as the "Michigan uniform transfers to minors act".

History: 1998, Act 433, Imd. Eff. Dec. 30, 1998

Notes of Decisions
Cited in 8 cases, 2004–2020 · leading case: Woodman v. Kera LLC, 785 N.W.2d 1 (Mich. 2010).
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Woodman v. Kera LLC, 785 N.W.2d 1 (Mich. 2010). · cites it 2× “"if the court determines that the minor owns money or property that requires management or protection that cannot otherwise be provided, has or may have business affairs that may be jeopardized or prevented by minority, or needs money for support and education and that…”
People v. Couzens, 747 N.W.2d 849 (Mich. 2008). · cites it 2× “At issue in this case is whether assets deposited by the custodian in an account established under the Uniform Transfer to Minors Act, MCL 554.521 et seq., become the property of the principal or whether they may be withdrawn by the account’s custodian for his own use.”
In Re Hudson, 687 N.W.2d 156 (Mich. Ct. App. 2004). · cites it 4× “While the Legislature does not define "custodian" in the probate code, it narrowly defines the term for purposes of the Michigan Uniform Transfers To Minors Act, MCL 554.521 et seq. Under that statutory scheme, one does not become a "custodian" without acquiring, under clearly…”
Hoffenblum v. Hoffenblum, 863 N.W.2d 352 (Mich. Ct. App. 2014). “At trial the parties stipulated that when plaintiffs were minors, financial accounts were established on their behalf at some point before October 2004 under the Michigan Uniform Transfers to Minors Act (UTMA), MCL 554.521 et seq., that defendant was the custodian of the…”
People of Michigan v. Eric Gala (Mich. Ct. App. 2017). “2 Michigan Uniform Transfers to Minor Act, MCL 554.521 et seq. -17- The remainder of the prosecutor’s arguments regarding Norma’s treatment in the nursing home, the motives of the Fraser police, the one video of Norma, and the defense not producing witnesses from Adult…”
People of Michigan v. Eric Gala (Mich. Ct. App. 2017). “2 Michigan Uniform Transfers to Minor Act, MCL 554.521 et seq. -17- The remainder of the prosecutor’s arguments regarding Norma’s treatment in the nursing home, the motives of the Fraser police, the one video of Norma, and the defense not producing witnesses from Adult…”
Animesh Agarwal v. Seema Agarwal (Mich. Ct. App. 2019). “6 MCL 554.521 et seq. 7 “A person may make a transfer by irrevocable gift to, or the irrevocable exercise of a power of appointment in favor of, a custodian for the benefit of a minor[.”
Erie Adams v. Sulba Brown (Mich. Ct. App. 2020). “Under the Michigan uniform transfers to minors act, MCL 554.521, et seq., property is transferred to minors by designating an adult that is not the transferor as the custodian of the property for the benefit of the minor children.”
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