{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/64.2-1905.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/64.2-1905.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/64.2-1905.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/64.2-1905.html"}],"law_id":79226,"edition_id":1,"section_id":79226,"structure_id":14685,"section_number":"64.2-1905","catch_line":"Other transfer by fiduciary","history":"1988, c. 516, \u00a7 31-42; 2012, c. 614; 2014, c. 532; 2025, c. 148.","full_text":"A\n\nSubject to subsection C, a personal representative or trustee may make an irrevocable transfer to an adult or trust company as custodian for the benefit of a minor pursuant to &#xA7; 64.2-1908 in the absence of a will or under a will or trust that does not contain an authorization to do so.B\n\nSubject to subsection C, a conservator may make an irrevocable transfer to an adult or trust company as custodian for the benefit of the minor pursuant to &#xA7; 64.2-1908.C\n\nA transfer under either subsection A or B may be made only if (i) the personal representative, trustee, or conservator considers the transfer to be in the best interest of the minor, (ii) the transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, or other governing instrument, and (iii) the transfer is authorized by the court if it exceeds $35,000 in value or is made by a conservator.","order_by":null,"text":{"0":{"id":283672,"text":"Subject to subsection C, a personal representative or trustee may make an irrevocable transfer to an adult or trust company as custodian for the benefit of a minor pursuant to &#xA7; 64.2-1908 in the absence of a will or under a will or trust that does not contain an authorization to do so.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":283673,"text":"Subject to subsection C, a conservator may make an irrevocable transfer to an adult or trust company as custodian for the benefit of the minor pursuant to &#xA7; 64.2-1908.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":283674,"text":"A transfer under either subsection A or B may be made only if (i) the personal representative, trustee, or conservator considers the transfer to be in the best interest of the minor, (ii) the transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, or other governing instrument, and (iii) the transfer is authorized by the court if it exceeds $35,000 in value or is made by a conservator.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":14685,"edition_id":1,"name":"Virginia Uniform Transfers to Minors Act","identifier":"19","label":"chapter","depth":4,"order_by":1,"parent_id":13807,"metadata":{},"date_created":"2026-06-26 03:49:21","date_modified":"2026-06-26 03:49:21","permalink":{"id":275399,"object_type":"structure","relational_id":14685,"identifier":"19","token":"64.2\/IV\/C\/19","url":"\/64.2\/IV\/C\/19\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13807,"edition_id":1,"name":"Guardianship of Minor","identifier":"C","label":"part","depth":3,"order_by":1,"parent_id":12905,"metadata":{},"date_created":"2026-06-26 03:45:56","date_modified":"2026-06-26 03:45:56","permalink":{"id":275337,"object_type":"structure","relational_id":13807,"identifier":"C","token":"64.2\/IV\/C","url":"\/64.2\/IV\/C\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12905,"edition_id":1,"name":"Fiduciaries and Guardians","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12723,"metadata":{},"date_created":"2026-06-26 03:44:00","date_modified":"2026-06-26 03:44:00","permalink":{"id":274813,"object_type":"structure","relational_id":12905,"identifier":"IV","token":"64.2\/IV","url":"\/64.2\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12723,"edition_id":1,"name":"Wills, Trusts, and Fiduciaries","identifier":"64.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":272781,"object_type":"structure","relational_id":12723,"identifier":"64.2","token":"64.2","url":"\/64.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":65466,"structure_id":14685,"section_number":"64.2-1900","catch_line":"Definitions","url":"\/64.2-1900\/","token":"64.2\/IV\/C\/19\/64.2-1900","metadata":false},{"id":60782,"structure_id":14685,"section_number":"64.2-1901","catch_line":"Scope and jurisdiction","url":"\/64.2-1901\/","token":"64.2\/IV\/C\/19\/64.2-1901","metadata":false},{"id":74303,"structure_id":14685,"section_number":"64.2-1902","catch_line":"Nomination of custodian","url":"\/64.2-1902\/","token":"64.2\/IV\/C\/19\/64.2-1902","metadata":false},{"id":77870,"structure_id":14685,"section_number":"64.2-1903","catch_line":"Transfer by gift or exercise of power of appointment","url":"\/64.2-1903\/","token":"64.2\/IV\/C\/19\/64.2-1903","metadata":false},{"id":79169,"structure_id":14685,"section_number":"64.2-1904","catch_line":"Transfer authorized by will or trust","url":"\/64.2-1904\/","token":"64.2\/IV\/C\/19\/64.2-1904","metadata":false},{"id":79226,"structure_id":14685,"section_number":"64.2-1905","catch_line":"Other transfer by fiduciary","url":"\/64.2-1905\/","token":"64.2\/IV\/C\/19\/64.2-1905","metadata":false},{"id":61196,"structure_id":14685,"section_number":"64.2-1906","catch_line":"Transfer by obligor","url":"\/64.2-1906\/","token":"64.2\/IV\/C\/19\/64.2-1906","metadata":false},{"id":83598,"structure_id":14685,"section_number":"64.2-1907","catch_line":"Receipt for custodial property","url":"\/64.2-1907\/","token":"64.2\/IV\/C\/19\/64.2-1907","metadata":false},{"id":82555,"structure_id":14685,"section_number":"64.2-1908","catch_line":"Manner of creating custodial property and effecting transfer; designation of initial custodian; control","url":"\/64.2-1908\/","token":"64.2\/IV\/C\/19\/64.2-1908","metadata":false},{"id":62208,"structure_id":14685,"section_number":"64.2-1909","catch_line":"Single and joint custodians","url":"\/64.2-1909\/","token":"64.2\/IV\/C\/19\/64.2-1909","metadata":false},{"id":78444,"structure_id":14685,"section_number":"64.2-1910","catch_line":"Validity and effect of transfer","url":"\/64.2-1910\/","token":"64.2\/IV\/C\/19\/64.2-1910","metadata":false},{"id":56318,"structure_id":14685,"section_number":"64.2-1911","catch_line":"Care of custodial property; duties of custodian","url":"\/64.2-1911\/","token":"64.2\/IV\/C\/19\/64.2-1911","metadata":false},{"id":83168,"structure_id":14685,"section_number":"64.2-1912","catch_line":"Powers of custodian","url":"\/64.2-1912\/","token":"64.2\/IV\/C\/19\/64.2-1912","metadata":false},{"id":60473,"structure_id":14685,"section_number":"64.2-1913","catch_line":"Use of custodial property","url":"\/64.2-1913\/","token":"64.2\/IV\/C\/19\/64.2-1913","metadata":false},{"id":78698,"structure_id":14685,"section_number":"64.2-1914","catch_line":"Custodian's expenses, compensation, and bond","url":"\/64.2-1914\/","token":"64.2\/IV\/C\/19\/64.2-1914","metadata":false},{"id":64823,"structure_id":14685,"section_number":"64.2-1915","catch_line":"Exemption of third person from liability","url":"\/64.2-1915\/","token":"64.2\/IV\/C\/19\/64.2-1915","metadata":false},{"id":59272,"structure_id":14685,"section_number":"64.2-1916","catch_line":"Liability to third persons","url":"\/64.2-1916\/","token":"64.2\/IV\/C\/19\/64.2-1916","metadata":false},{"id":69800,"structure_id":14685,"section_number":"64.2-1917","catch_line":"Renunciation, resignation, death, or removal of custodian; designation of successor custodian","url":"\/64.2-1917\/","token":"64.2\/IV\/C\/19\/64.2-1917","metadata":false},{"id":65755,"structure_id":14685,"section_number":"64.2-1918","catch_line":"Accounting by and determination of liability of custodian","url":"\/64.2-1918\/","token":"64.2\/IV\/C\/19\/64.2-1918","metadata":false},{"id":70368,"structure_id":14685,"section_number":"64.2-1919","catch_line":"Termination of custodianship","url":"\/64.2-1919\/","token":"64.2\/IV\/C\/19\/64.2-1919","metadata":false},{"id":62696,"structure_id":14685,"section_number":"64.2-1920","catch_line":"Applicability","url":"\/64.2-1920\/","token":"64.2\/IV\/C\/19\/64.2-1920","metadata":false},{"id":70217,"structure_id":14685,"section_number":"64.2-1921","catch_line":"Effect on existing custodianships","url":"\/64.2-1921\/","token":"64.2\/IV\/C\/19\/64.2-1921","metadata":false},{"id":58715,"structure_id":14685,"section_number":"64.2-1922","catch_line":"Uniformity of application and construction","url":"\/64.2-1922\/","token":"64.2\/IV\/C\/19\/64.2-1922","metadata":false}],"previous_section":{"id":79169,"structure_id":14685,"section_number":"64.2-1904","catch_line":"Transfer authorized by will or trust","url":"\/64.2-1904\/","token":"64.2\/IV\/C\/19\/64.2-1904","metadata":false},"next_section":{"id":61196,"structure_id":14685,"section_number":"64.2-1906","catch_line":"Transfer by obligor","url":"\/64.2-1906\/","token":"64.2\/IV\/C\/19\/64.2-1906","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/64.2-1905\/","history_text":"<p>This law was first created in 1988. The record of its establishment is cataloged in chapter 516 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1988 \u201cActs\u201d aren\u2019t available online. It has been modified 3 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 2012, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?121+ful+CHAP0614\">614<\/a>; in 2014, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?141+ful+CHAP0532\">532<\/a>; in 2025, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?251+ful+CHAP0148\">148<\/a>.<\/p>","references":[{"id":82555,"section_number":"64.2-1908","catch_line":"Manner of creating custodial property and effecting transfer; designation of initial custodian; control","order_by":null,"url":"\/64.2-1908\/"}],"refers_to":[{"id":82555,"section_number":"64.2-1908","catch_line":"Manner of creating custodial property and effecting transfer; designation of initial custodian; control","order_by":null,"url":"\/64.2-1908\/"}],"permalink":{"id":275421,"object_type":"law","relational_id":79226,"identifier":"64.2-1905","token":"64.2\/IV\/C\/19\/64.2-1905","url":"\/64.2-1905\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/64.2-1905\/","token":"64.2\/IV\/C\/19\/64.2-1905","dublin_core":{"Title":"Other transfer by fiduciary","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-1905","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> Subject to subsection C, a <span class=\"dictionary\">personal representative<\/span> or <span class=\"dictionary\">trustee<\/span> may make an irrevocable <span class=\"dictionary\">transfer<\/span> to an <span class=\"dictionary\">adult<\/span> or <span class=\"dictionary\">trust company<\/span> as <span class=\"dictionary\">custodian<\/span> for the benefit of a <span class=\"dictionary\">minor<\/span> pursuant to &#xA7; <a class=\"law\" title=\"Manner of creating custodial property and effecting transfer; designation of initial custodian; control\" href=\"\/64.2-1908\/\">64.2-1908<\/a> in the absence of a <span class=\"dictionary\">will<\/span> or under a <span class=\"dictionary\">will<\/span> or trust that does not contain an authorization to do so. <a id=\"paragraph-283672\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/64.2-1905\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> Subject to subsection C, a <span class=\"dictionary\">conservator<\/span> may make an irrevocable <span class=\"dictionary\">transfer<\/span> to an <span class=\"dictionary\">adult<\/span> or <span class=\"dictionary\">trust company<\/span> as <span class=\"dictionary\">custodian<\/span> for the benefit of the <span class=\"dictionary\">minor<\/span> pursuant to &#xA7; <a class=\"law\" title=\"Manner of creating custodial property and effecting transfer; designation of initial custodian; control\" href=\"\/64.2-1908\/\">64.2-1908<\/a>. <a id=\"paragraph-283673\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/64.2-1905\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C\"><p><span class=\"prefix-number\">C.<\/span> A <span class=\"dictionary\">transfer<\/span> under either subsection A or B may be made only if (i) the <span class=\"dictionary\">personal representative<\/span>, <span class=\"dictionary\">trustee<\/span>, or <span class=\"dictionary\">conservator<\/span> considers the <span class=\"dictionary\">transfer<\/span> to be in the best interest of the <span class=\"dictionary\">minor<\/span>, (ii) the <span class=\"dictionary\">transfer<\/span> is not prohibited by or inconsistent with provisions of the applicable <span class=\"dictionary\">will<\/span>, trust agreement, or other governing instrument, and (iii) the <span class=\"dictionary\">transfer<\/span> is authorized by the <span class=\"dictionary\">court<\/span> if it exceeds $35,000 in <span class=\"dictionary\">value<\/span> or is made by a <span class=\"dictionary\">conservator<\/span>. <a id=\"paragraph-283674\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/64.2-1905\/#C\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nOTHER TRANSFER BY FIDUCIARY (\u00a7 64.2-1905)\n\nA. Subject to subsection C, a personal representative or trustee may make an\nirrevocable transfer to an adult or trust company as custodian for the benefit\nof a minor pursuant to &#xA7; 64.2-1908 in the absence of a will or under a will\nor trust that does not contain an authorization to do so.\n\nB. Subject to subsection C, a conservator may make an irrevocable transfer to an\nadult or trust company as custodian for the benefit of the minor pursuant to\n&#xA7; 64.2-1908.\n\nC. A transfer under either subsection A or B may be made only if (i) the\npersonal representative, trustee, or conservator considers the transfer to be in\nthe best interest of the minor, (ii) the transfer is not prohibited by or\ninconsistent with provisions of the applicable will, trust agreement, or other\ngoverning instrument, and (iii) the transfer is authorized by the court if it\nexceeds $35,000 in value or is made by a conservator.\n\nHISTORY: 1988, c. 516, \u00a7 31-42; 2012, c. 614; 2014, c. 532; 2025, c. 148.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}