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  6. Chapter 45 - Uniform Probat...
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  8. Article 7 - Trust Administ...
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  10. Part 5 - Custodial Trusts


Part 5 - Custodial Trusts


  • Section 45-7-501 - Short title.
  • Section 45-7-502 - Definitions.
  • Section 45-7-503 - Custodial trust; general.
  • Section 45-7-504 - Custodial trustee for future payment or transfer.
  • Section 45-7-505 - Form and effect of receipt and acceptance by custodial trustee; jurisdiction.
  • Section 45-7-506 - Transfer to custodial trustee by fiduciary or obligor; facility of payment.
  • Section 45-7-507 - Multiple beneficiaries; separate custodial trusts; survivorship.
  • Section 45-7-508 - General duties of custodial trustee.
  • Section 45-7-509 - General powers of custodial trustee.
  • Section 45-7-510 - Use of custodial trust property.
  • Section 45-7-511 - Determination of incapacity; effect.
  • Section 45-7-512 - Exemption of third person from liability.
  • Section 45-7-513 - Liability to third person.
  • Section 45-7-514 - Declination, resignation, incapacity, death or removal of custodial trustee; designation of successor custodial trustee.
  • Section 45-7-515 - Expenses, compensation and bond of custodial trustee.
  • Section 45-7-516 - Reporting and accounting by custodial trustee; determination of liability of custodial trustee.
  • Section 45-7-517 - Limitations of action against custodial trustee.
  • Section 45-7-518 - Distribution on termination.
  • Section 45-7-519 - Methods and forms for creating custodial trusts.
  • Section 45-7-520 - Applicable law.
  • Section 45-7-521 - Uniformity of application and construction.
  • Section 45-7-522 - Severability.
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