Cal. Prob. Code § 3909
(a) Custodial property is created and a transfer is made whenever any of the following occurs:
(1) An uncertificated security or a certificated security in registered form is either:
(A) Registered in the name of the transferor, an adult other than the transferor, or a trust company, followed in substance by the words:
| “as custodian for (Name of Minor) |
under the California Uniform Transfers to Minors Act.”
(2) Money is paid or delivered, or a security held in the name of a broker, financial institution, or its nominee is transferred, to a broker or financial institution for credit to an account in the name of the transferor, an adult other than the transferor, or a trust company, followed in substance by the words:
| “as custodian for (Name of Minor) |
under the California Uniform Transfers to Minors Act.”
(3) The ownership of a life or endowment insurance policy or annuity contract is either:
(A) Registered with the issuer in the name of the transferor, an adult other than the transferor, or a trust company, followed in substance by the words:
| “as custodian for (Name of Minor) |
under the California Uniform Transfers to Minors Act.”
(B) Assigned in a writing delivered to an adult other than the transferor or to a trust company whose name in the assignment is followed in substance by the words:
| “as custodian for (Name of Minor) |
under the California Uniform Transfers to Minors Act.”
(4) An irrevocable exercise of a power of appointment or an irrevocable present right to future payment under a contract is the subject of a written notification delivered to the payor, issuer, or other obligor that the right is transferred to the transferor, an adult other than the transferor, or a trust company, whose name in the notification is followed in substance by the words:
| “as custodian for (Name of Minor) |
under the California Uniform Transfers to Minors Act.”
(5) An interest in real property is recorded in the name of the transferor, an adult other than the transferor, or a trust company, followed in substance by the words:
| “as custodian for (Name of Minor) |
under the California Uniform Transfers to Minors Act.”
(6) A certificate of title issued by a department or agency of a state or of the United States which evidences title to tangible personal property is either:
(A) Issued in the name of the transferor, an adult other than the transferor, or a trust company, followed in substance by the words:
| “as custodian for (Name of Minor) |
under the California Uniform Transfers to Minors Act.”
(B) Delivered to an adult other than the transferor or to a trust company, endorsed to that person followed in substance by the words:
| “as custodian for (Name of Minor) |
under the California Uniform Transfers to Minors Act.”
(b) An instrument in the following form satisfies the requirements of subparagraph (B) of paragraph (1) and paragraph (7) of subdivision (a):
| “TRANSFER UNDER THE CALIFORNIA UNIFORM TRANSFERS TO MINORS ACT | ||
| I, | ||
| (Name of Transferor or Name and Representative Capacity if a Fiduciary) | ||
| hereby transfer to (Name of Custodian) , | ||
| as custodian for (Name of Minor) | ||
| under the California Uniform Transfers to Minors Act, the following: (insert a description of the custodial property sufficient to identify it). |
| Dated: _________________ | |
| (Signature) |
| (Name of Custodian) acknowledges receipt of the property described above as custodian for the minor named above under the California Uniform Transfers to Minors Act. |
| Dated: _________________ | |
| (Signature of Custodian) ” |