(a) A personal representative or trustee may make an irrevocable transfer pursuant to section 45a-558f to a custodian for the benefit of a minor as authorized in the governing will or trust.
(b) If the testator or settlor has nominated a custodian under section 45a-558 to receive the custodial property, the transfer shall be made to that person.
(c) If the testator or settlor has not nominated a custodian under section 45a-558, or all persons so nominated as custodian die before the transfer or are unable, decline or are ineligible to serve, the personal representative or the trustee, as the case may be, shall designate the custodian from among those eligible to serve as custodian for property of that kind under subsection (a) of section 45a-558f.
(P.A. 95-117, S. 6.)
Structure Connecticut General Statutes
Title 45a - Probate Courts and Procedure
Chapter 802d - Connecticut Uniform Transfers to Minors Act
Section 45a-557. - Short title: Connecticut Uniform Transfers to Minors Act.
Section 45a-557a. - Definitions.
Section 45a-557b. - Scope and jurisdiction.
Section 45a-558. - Nomination of custodian.
Section 45a-558a. - Transfer by gift or exercise of power.
Section 45a-558b. - Transfer authorized by will or trust.
Section 45a-558c. - Other transfer by fiduciary.
Section 45a-558d. - Transfer by obligor.
Section 45a-558e. - Receipt for custodial property.
Section 45a-558g. - Single guardianship.
Section 45a-558h. - Validity and effect of transfer.
Section 45a-558i. - Care and control of custodial property.
Section 45a-558j. - Powers of custodian.
Section 45a-558k. - Use of custodial property. Distribution to a trust.
Section 45a-559. - Custodian's expenses, compensation and bond.
Section 45a-559a. - Exemption of third party from liability.
Section 45a-559b. - Liability to third persons.
Section 45a-559d. - Accounting by and determination of liability of custodian.
Section 45a-559e. - Termination of custodianship.
Section 45a-560. - Applicability.
Section 45a-560a. - Effect on existing custodianships.
Section 45a-560b. - Uniformity of application and construction.