Va. Code Ann. tit. 64.2, ch. 9 – Uniform Custodial Trust Act | Midpage

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Code of Virginia

Chapter 9

Va. Code Ann. tit. 64.2, ch. 9

Uniform Custodial Trust Act

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