Termination of custodianship.

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(1) The custodian shall transfer in an appropriate manner the custodial property to the minor or to the minor's estate upon the earlier of:

(a) The minor's attainment of twenty-one years of age; or (b) The minor's death.

Source: L. 84: Entire article R&RE, p. 392, § 1, effective July 1. L. 91: Entire section amended, p. 1442, § 1, effective July 1.

Editor's note: This section is similar to former § 11-50-105 as it existed prior to 1984.


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