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Terms Used In Utah Code 75A-8-109

  • Custodial property: means :
         (7)(a) any interest in property transferred to a custodian under this chapter; and
         (7)(b) the income from and proceeds of that interest in property. See Utah Code 75A-8-102
  • Custodian: means a person so designated under Section 75A-8-110 or a successor or substitute custodian designated under Section 75A-8-119. See Utah Code 75A-8-102

     A written acknowledgment of delivery by a custodian is sufficient receipt and discharge for custodial property transferred to the custodian under this chapter.

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