For purposes of sections 45a-557 to 45a-560b, inclusive:
- (1) “Adult” means an individual who has attained the age of twenty-one years.
- (2) “Broker” means a person lawfully engaged in the business of effecting transactions in securities or commodities for the person's own account or for the account of others.
- (3) “Court” means Probate Court.
- (4) “Custodial property” means (A) any interest in property transferred to a custodian under sections 45a-557 to 45a-560b, inclusive, and (B) the income from and proceeds of that interest in property.
- (5) “Custodian” means a person so designated under section 45a-558f or a successor or substitute custodian designated under section 45a-559c.
- (6) “Financial institution” means a bank, trust company, a savings institution or credit union, chartered and supervised under state or federal law.
- (7) “Guardian” means a person appointed or qualified by a court to act as guardian of a minor's estate or a person legally authorized to perform substantially the same functions.
- (8) “Legal representative” means any court appointed fiduciary, including, but not limited to, a guardian, conservator, executor or administrator. A legal representative does not include a guardian ad litem.
- (9) “Member of the minor's family” means the minor's parent, stepparent, spouse, grandparent, brother, sister, uncle or aunt, whether of whole or half blood or by adoption.
- (10) “Minor” means an individual who has not attained the age of twenty-one years.
- (11) “Person” means an individual, corporation, organization or other legal entity.
- (12) “Personal representative” means an executor, administrator, successor personal representative or temporary administrator of a decedent's estate or person legally authorized to perform substantially the same functions.
- (13) “State” includes any state of the United States, the District of Columbia, the Commonwealth of Puerto Rico and any territory or possession subject to the legislative authority of the United States.
- (14) “Transfer” means a transaction that creates custodial property under section 45a-558f.
- (15) “Transferor” means a person who makes a transfer under sections 45a-557 to 45a-560b, inclusive.
- (16) “Trust company” means a financial institution, corporation or other legal entity authorized to exercise general trust powers.
(P.A. 95-117, S. 2.)