Okla. Stat. tit. 58, ch. 20 – Uniform Transfers to Minors Act | Midpage

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Okla. Stat. tit. 58, ch. 20

Uniform Transfers to Minors Act

1201Short Title 1202Definitions 1203Applicability of Act - Designated Custodians 1205Transfer by Irrevocable Exercise or Power of Appointment in Favor of Custodian 1206Irrevocable Transfers to Custodian by Personal Representatives or Trustees 1207Irrevocable Transfers to Adult or Trust Company as Custodian by Personal Representatives, Trustees or Guardians 1208Irrevocable Transfers to Custodian by Persons Holding Property of or Owing Debt to Minor 1209Written Acknowledgment of Delivery a Sufficient Receipt and Discharge 1210Custodial Property - Forms of Transfers 1212Validity of Transfers 1213Responsibilities of Custodians 1214Custodian's Rights, Powers and Authority over Custodial Property 1215Delivery of Custodial Property or Payment to Minor for Minor's Benefit 1216Reimbursement of Custodian for Expenses - Compensation of Custodian - Bond 1217Responsibilities of Persons Dealing with Purported Custodian 1218Claims - Personal Liability of Custodian 1219Nominated Custodian May Decline to Serve - Successor or Substitute Custodian 1220Petition by Minor or Successor Custodian for Accounting by Custodian or Determination of Responsibility 1221Transfer of Custodial Property upon Minor's Death or Attainment of Majority 1222Act Applies to Certain Transfers 1223Transfers of Custodial Property Prior to Oklahoma Uniform Transfers to Minors Act 1224Application and Construction to Effectuate General Purpose 1225Inapplicability of Act to Certain Transfers - Effect