A transfer may be made only for one minor, and only one person may be the custodian. All custodial property held under this article by the same custodian for the benefit of the same minor constitutes a single custodianship.
Source: L. 84: Entire article R&RE, p. 388, § 1, effective July 1.
Editor's note: This section is similar to former § 11-50-103 as it existed prior to 1984.
Structure Colorado Code
Title 11 - Financial Institutions
Article 50 - Colorado Uniform Transfers to Minors Act
§ 11-50-103. Scope and Jurisdiction
§ 11-50-104. Nomination of Custodian
§ 11-50-105. Transfer by Gift or Exercise of Power of Appointment
§ 11-50-106. Transfer Authorized by Will or Trust
§ 11-50-107. Other Transfer by Fiduciary
§ 11-50-108. Transfer by Obligor
§ 11-50-109. Receipt for Custodial Property
§ 11-50-111. Single Custodianship
§ 11-50-112. Validity and Effect of Transfer
§ 11-50-113. Care of Custodial Property
§ 11-50-114. Powers of Custodian
§ 11-50-115. Use of Custodial Property
§ 11-50-116. Custodian's Expenses, Compensation, and Bond
§ 11-50-117. Exemption of Third Person From Liability
§ 11-50-118. Liability to Third Persons
§ 11-50-120. Accounting by and Determination of Liability of Custodian
§ 11-50-121. Termination of Custodianship
§ 11-50-123. Effect on Existing Custodianships