Custodians for present transfers of property, who may serve.

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Effective - 28 Aug 1989

404.023. Custodians for present transfers of property, who may serve. — A donor making a present transfer of property to a minor may designate and transfer the property to any adult person or financial institution, including the donor, as custodian for the minor under sections 404.005 to 404.094.

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(L. 1985 S.B. 35, et al. § 3 subsec. 1, A.L. 1989 H.B. 145)


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