Vermont Statutes Title 14 Sec. 3230
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Terms Used In Vermont Statutes Title 14 Sec. 3230
- 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
- Transfer: means a transaction that creates custodial property under section 3219 of this title. See
§ 3230. Termination of custodianship
The custodian shall transfer in an appropriate manner the custodial property to the minor or to the minor’s estate upon the earliest of:
(1) the minor’s attainment of 21 years of age with respect to custodial property transferred under section 3214 or 3215 of this title;
(2) the minor’s attainment of 18 years of age with respect to custodial property transferred under section 3216 or 3217 of this title; or
(3) the minor’s death. (Added 2015, No. 7, § 1.)