Kansas Statutes > Chapter 38 > Article 17 – Uniform Transfers to Minors Act


§ 38-1701	Title of act
§ 38-1702	Definitions
§ 38-1703	Scope and jurisdiction
§ 38-1704	Nomination of custodian
§ 38-1705	Transfer by gift or exercise of power of appointment
§ 38-1706	Transfer authorized by will or trust
§ 38-1707	Other transfer by fiduciary
§ 38-1708	Transfer by obligor
§ 38-1709	Receipt for custodial property
§ 38-1710	Manner of creating custodial property and effecting transfer; designation of initial custodian; control
§ 38-1711	Single custodianship
§ 38-1712	Validity and effect of transfer
§ 38-1713	Care of custodial property
§ 38-1714	Powers of custodian
§ 38-1715	Use of custodial property
§ 38-1716	Custodian’s expenses, compensation and bond
§ 38-1717	Exemption of third person from liability
§ 38-1718	Liability to third persons
§ 38-1719	Renunciation, resignation, death or removal of custodian; designation of successor custodian
§ 38-1720	Accounting by and determination of liability of custodian
§ 38-1721	Termination of custodianship
§ 38-1722	Applicability
§ 38-1723	Effect on existing custodianships
§ 38-1724	Uniformity of application and construction
§ 38-1725	Severability
§ 38-1726	Effect of repeals

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Terms Used In Kansas Statutes > Chapter 38 > Article 17 - Uniform Transfers to Minors Act

Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. ^{Source: OCC}
Conservator: means an individual or corporation appointed by the court to act on behalf of a conservatee and possessed of some or all of the powers and duties set out in Kan. See Kansas Statutes 77-201
Contract: A legal written agreement that becomes binding when signed.
Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Decedent: A deceased person.
Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
Minor: means any person defined by Kan. See Kansas Statutes 77-201
Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Property: includes personal and real property. See Kansas Statutes 77-201
Residence: means the place which is adopted by a person as the person's place of habitation and to which, whenever the person is absent, the person has the intention of returning. See Kansas Statutes 77-201
State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
Statute: A law passed by a legislature.
Testator: A male person who leaves a will at death.
Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
Trustee: A person or institution holding and administering property in trust.