Chapter 9 Uniform Custodial Trust Act

This chapter is comprised of the following sections:
  • §64.2-900 Definitions
  • §64.2-901 Custodial trust; creation and termination; general provisions
  • §64.2-902 Custodial trustee for future payment or transfer
  • §64.2-903 Form and effect of receipt and acceptance by custodial trustee; jurisdiction
  • §64.2-904 Transfer to custodial trustee by fiduciary or obligor; facility of payment
  • §64.2-905 Multiple beneficiaries; separate custodial trusts; survivorship
  • §64.2-906 General duties of custodial trustee
  • §64.2-907 General powers of custodial trustee
  • §64.2-908 Use of custodial trust property
  • §64.2-909 Determination of incapacity; effect
  • §64.2-910 Exemption of third person from liability
  • §64.2-911 Liability to third person; exceptions
  • §64.2-912 Declination, resignation, incapacity, death, or removal of custodial trustee; designation of successor
  • §64.2-913 Expenses, compensation, and bond of custodial trustee
  • §64.2-914 Reporting and accounting by custodial trustee; determination of liability
  • §64.2-915 Limitations of action against custodial trustee
  • §64.2-916 Distribution on termination
  • §64.2-917 Methods and forms for creating custodial trusts
  • §64.2-918 Applicable law