Vermont Statutes Title 14 Sec. 3220
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Terms Used In Vermont Statutes Title 14 Sec. 3220
- Custodial property: means :
- Custodian: means a person so designated under section 3219 of this title or a successor or substitute custodian designated under section 3228 of this title. See
- Minor: means an individual who has not attained 21 years of age. See
- Person: means an individual, corporation, organization, or other legal entity. See
- Transfer: means a transaction that creates custodial property under section 3219 of this title. See
§ 3220. Single custodianship
A transfer may be made only for one minor, and only one person may be the custodian. All custodial property held under this chapter by the same custodian for the benefit of the same minor constitutes a single custodianship. (Added 2015, No. 7, § 1.)