Code of Alabama
Title 35 - Property.
Chapter 5A - Uniform Transfers to Minors Act.

Section 35-5A-1 - Short Title. - This chapter may be cited as the "Alabama Uniform Transfers...

Section 35-5A-2 - Definitions. - As used in this chapter, the following terms shall have...

Section 35-5A-3 - Transfers and Custodians to Which Chapter Applicable; Personal Jurisdiction Over Custodian; Transfers Made Under Law of Another State. - (a) This chapter applies to a transfer that refers to...

Section 35-5A-4 - Nomination of Custodian. - (a) A person having the right to designate the recipient...

Section 35-5A-5 - Transfer by Gift or Exercise of Power of Appointment. - A person may make a transfer by irrevocable gift to,...

Section 35-5A-6 - Transfer by Will or Trust. - (a) A personal representative or trustee may make an irrevocable...

Section 35-5A-7 - Other Transfer by Fiduciary. - (a) Subject to subsection (c), a personal representative or trustee...

Section 35-5A-8 - Transfer by Obligor. - (a) Subject to subsections (b) and (c), a person not...

Section 35-5A-9 - Receipt and Discharge for Transfer of Custodial Property. - A written acknowledgment of delivery by a custodian constitutes a...

Section 35-5A-10 - Manner of Creating Custodial Property and Effecting Transfer; Form of Transfer; Control of Custodial Property. - (a) Custodial property is created and a transfer is made...

Section 35-5A-11 - Transfer to Be for One Minor; Only One Custodian; Single Custodianship. - A transfer may be made only for one minor, and...

Section 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. - (a) The validity of a transfer made in a manner...

Section 35-5A-13 - Powers and Duties of Custodian as to Custodial Property Generally. - (a) A custodian shall: (1) Take control of custodial property;...

Section 35-5A-14 - Custodian Has Rights and Powers That Unmarried Adult Would Have as to Property. - (a) A custodian, acting in a custodial capacity, has all...

Section 35-5A-15 - Delivery, Payment, or Expenditure of Custodial Property for Benefit of Minor. - (a) A custodian may deliver or pay to the minor...

Section 35-5A-16 - Custodian's Expenses, Compensation, and Bond. - (a) A custodian is entitled to reimbursement from custodial property...

Section 35-5A-17 - Exemption of Third Person From Liability for Good Faith Dealings With Custodian. - A third person in good faith and without court order...

Section 35-5A-18 - Claims Against Custodial Property; Personal Liability of Custodian and Minor. - (a) A claim based on (1) a contract entered into...

Section 35-5A-19 - Renunciation, Resignation, Death or Removal of Custodian; Designation of Successor Custodian. - (a) A person nominated under section 35-5A-4 or designated under...

Section 35-5A-20 - Accounting by and Determining of Liability of Custodian. - (a) A minor who has attained the age of 14...

Section 35-5A-21 - Termination of Custodianship Upon Minor's Reaching Age 21 or Age of Majority or Upon Minor's Death. - The custodian shall transfer in an appropriate manner the custodial...

Section 35-5A-22 - Applicability of Chapter. - This chapter applies to a transfer within the scope of...

Section 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. - (a) Any transfer of custodial property as now defined in...

Section 35-5A-24 - Uniformity of Application and Construction. - This chapter shall be applied and construed to effectuate its...