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Ala. Code § 35-5A et seq. – Uniform Transfers to Minors Act | Midpage
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Code of Alabama
Title 35
Chapter 5A
Ala. Code § 35-5A et seq.
Uniform Transfers to Minors Act
35-5A-1
Short Title.
35-5A-2
Definitions.
35-5A-3
Transfers and Custodians to Which Chapter Applicable; Personal Jurisdiction Over Custodian; Transfers Made Under Law of Another State.
35-5A-4
Nomination of Custodian.
35-5A-5
Transfer by Gift or Exercise of Power of Appointment.
35-5A-6
Transfer by Will or Trust.
35-5A-7
Other Transfer by Fiduciary.
35-5A-8
Transfer by Obligor.
35-5A-9
Receipt and Discharge for Transfer of Custodial Property.
35-5A-10
Manner of Creating Custodial Property and Effecting Transfer; Form of Transfer; Control of Custodial Property.
35-5A-11
Transfer to Be for One Minor; Only One Custodian; Single Custodianship.
35-5A-12
Validity of Transfer; Interest Conveyed; Rights of Custodian and Minor as to Property Transferred; Provisions of Chapter Incorporated in Transfer; Transfer Does Not Authorize Settlement or Release of Claims.
35-5A-13
Powers and Duties of Custodian as to Custodial Property Generally.
35-5A-14
Custodian Has Rights and Powers That Unmarried Adult Would Have as to Property.
35-5A-15
Delivery, Payment, or Expenditure of Custodial Property for Benefit of Minor.
35-5A-16
Custodian’s Expenses, Compensation, and Bond.
35-5A-17
Exemption of Third Person from Liability for Good Faith Dealings with Custodian.
35-5A-18
Claims Against Custodial Property; Personal Liability of Custodian and Minor.
35-5A-19
Renunciation, Resignation, Death or Removal of Custodian; Designation of Successor Custodian.
35-5A-20
Accounting by and Determining of Liability of Custodian.
35-5A-21
Termination of Custodianship Upon Minor’s Reaching Age 21 or Age of Majority or Upon Minor’s Death.
35-5A-22
Applicability of Chapter.
35-5A-23
Transfers Made Before and Custodianships Existing on October 1, 1986; Property Held in Custodianship Which Terminated Between July 22, 1975, and October 1, 1986, When Minor Attained Age 19.
35-5A-24
Uniformity of Application and Construction.