An instrument in substantially the following form satisfies the requirements of section 13(2)(b) and 13(8):
     “TRANSFER UNDER THE MICHIGAN UNIFORM TRANSFERS TO MINORS ACT

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     I, ____________________ (name of transferor or name and representative capacity, if a fiduciary) transfer to ____________________ (name of custodian), as custodian for ____________________ (name of minor) under the Michigan uniform transfers to minors act, the following:
     (insert a description of the custodial property sufficient to identify it).
     Dated: _______________
     __________________________________________________
     (Signature)
     ____________________ (name of custodian) acknowledges receipt of the property described above as custodian for the minor named above under the Michigan uniform transfers to minors act.
     Dated: _______________
     _________________________________________”
     (Signature of Custodian)