Utah Code 75A-8-122. Applicability
Current as of: 2024 | Check for updates
|
Other versions
This chapter applies to a transfer within the scope of Section
(1) the transfer purports to have been made under the Uniform Gifts to Minors Act; or
Terms Used In Utah Code 75A-8-122
- 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 - State: includes any state of the United States, the district of Columbia, the Commonwealth of Puerto Rico, and any territory or possession subject to the legislative authority of the United States. 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
(2) the instrument by which the transfer purports to have been made uses in substance the designation “as custodian under the Uniform Gifts to Minors Act” or “as custodian under the Uniform Transfers to Minors Act” of any other state, and the application of this part is necessary to validate the transfer.