Utah Code 75A-8-120. Accounting by and determination of liability of custodian
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(1) A minor who is 14 years old or older, the minor’s guardian of the person or legal representative, an adult member of the minor’s family, a transferor, or a transferor’s legal representative may petition the court:
Terms Used In Utah Code 75A-8-120
- Adult: means an individual who is 21 years old or older. See Utah Code 75A-8-102
- Court: means a court with jurisdiction under Title 78A, Judiciary and Judicial Administration. See Utah Code 75A-8-102
- 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 Section75A-8-119 . See Utah Code 75A-8-102- Legal representative: means an individual's personal representative or conservator. See Utah Code 75A-8-102
- Minor: means an individual who is under 21 years old. See Utah Code 75A-8-102
- Person: means an individual, corporation, organization as defined in Section
75-1-201 , or other legal entity. See Utah Code 75A-8-102- Petition: means the same as that term is defined in Section
75-1-201 . See Utah Code 75A-8-102- Property: means the same as that term is defined in Section
75-1-201 . See Utah Code 75A-8-102- Transfer: means a transaction that creates custodial property under Section
75A-8-109 . See Utah Code 75A-8-102- Transferor: means a person who makes a transfer under this chapter. See Utah Code 75A-8-102
(1)(a) for an accounting by the custodian or the custodian’s legal representative; or(1)(b) for a determination of responsibility, as between the custodial property and the custodian personally, for claims against the custodial property unless the responsibility has been adjudicated in an action under Section75A-8-118 to which the minor or the minor’s legal representative was a party. - Custodian: means a person so designated under Section
(2) A successor custodian may petition the court for an accounting by the predecessor custodian.
(3) The court, in a proceeding under this chapter or in any other proceeding, may require or permit the custodian or the custodian’s legal representative to account.
(4) If a custodian is removed under Subsection 75A-8-119 (6), the court shall require an accounting and order delivery of the custodial property and records to the successor custodian and the execution of all instruments required for transfer of the custodial property.