The custodian shall transfer in an appropriate manner the custodial property to the minor, the legal representative of the minor or the personal representative of the minor's estate upon the earlier of (1) the minor's attainment of twenty-one years of age, or (2) the minor's death, unless a prior distribution of the custodial property has been made pursuant to subsection (b) of section 45a-558k.
(P.A. 95-117, S. 21; P.A. 07-169, S. 2.)
History: P.A. 07-169 added provision re distribution pursuant to Sec. 45a-558k(b) in Subdiv. (2).
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.