Transfers to Minors

  1. Law
  2. Mississippi Code
  3. Trusts and Estates
  4. Transfers to Minors

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Section
91-20-1

Short title

Section
91-20-3

Definitions

Section
91-20-5

Applicability of chapter; jurisdiction

Section
91-20-7

Nomination of custodian

Section
91-20-9

Transfer by irrevocable gift or exercise of appointment power in favor of custodian

Section
91-20-11

Transfer to custodian by personal representative or trustee as authorized by will or trust; designation of custodian by personal representative or trustee

Section
91-20-13

Transfer by personal representative, trustee, or conservator to another adult or trust company as custodian without authorization by will or trust; prerequisites

Section
91-20-15

Transfer to custodian by one holding property of or owing debt to minor; designation of custodian

Section
91-20-17

Written receipt from custodian; effect

Section
91-20-19

Creation and transfer of custodial property

Section
91-20-21

One custodian for one minor

Section
91-20-23

Factors not affecting validity of transfer; powers and duties of custodian unalterable

Section
91-20-25

Powers and duties of custodian; standard of care; records

Section
91-20-27

Custodian's exercise of powers and authority over custodial property

Section
91-20-29

Delivery of property or money to minor; expenditure for benefit of minor; conditions; court order

Section
91-20-31

Reimbursement of custodian for expenses; compensation of custodian; bond unnecessary

Section
91-20-33

Good faith reliance on capacity of purported custodian

Section
91-20-35

Assertion of claim against custodial property; personal liability of custodian or minor

Section
91-20-37

Declination to serve or resignation as custodian; nomination of substitute custodian; designation of successor custodian; transfer of property

Section
91-20-39

Petition for accounting or determination of responsibility for claims; accounting upon removal of custodian

Section
91-20-41

Time for transfer of custodial property to minor or minor's estate

Section
91-20-43

Applicability of chapter to certain transfers

Section
91-20-45

Validation of transfers predating chapter; application of chapter to prior transfers

Section
91-20-47

Construction of chapter

Section
91-20-49

Severability of provisions of chapter