A.  The court shall render a written judgment granting or denying the transfer of custody.

B.  If the court grants the transfer of custody, the judgment shall order the transfer and recite such terms and conditions as required to protect the safety and secure the best interests of the child and shall also recite all of the following:

(1)  All necessary parties are involved.

(2)  The transfer is knowing and voluntary.

(3)  There is a legitimate purpose and a factual basis to support that purpose.

(4)  All parties have been advised of and understand the nature and extent of the transfer, including any terms and conditions, and of their respective rights.

(5)  The proposed change of custody is in the best interests of the child.

C.  After giving the parent a reasonable opportunity to be heard, the court may order that the parent contribute to the cost of the home study, examination, or of the representation of the child.

Acts 1991, No. 235, §15, eff. Jan. 1, 1992; Acts 2010, No. 266, §1.