Georgia Code
Article 5 - The Georgia Transfers to Minors Act
§ 44-5-124. Custodial Discretion in Transfers of Custodial Property for Support, Maintenance, Education, and General Use and Benefit of Minor

History. Code 1981, § 44-5-124 , enacted by Ga. L. 1990, p. 667, § 1.

Structure Georgia Code

Georgia Code

Title 44 - Property

Chapter 5 - Acquisition and Loss of Property

Article 5 - The Georgia Transfers to Minors Act

§ 44-5-110. Short Title

§ 44-5-111. Definitions

§ 44-5-112. Applicability of Article

§ 44-5-113. Nomination of Custodian

§ 44-5-114. Irrevocable Gift or Exercise of Power of Appointment Made Under Code Section 44-5-119

§ 44-5-115. Irrevocable Transfer by Personal Representative or Trustee to Custodian for Minor’s Benefit

§ 44-5-116. Irrevocable Transfer by Personal Representative, Trustee, or Guardian to Custodian

§ 44-5-117. Transfers by Other Persons to Custodian

§ 44-5-118. Effect of Custodian’s Written Acknowledgment of Delivery

§ 44-5-119. Creation and Transfer of Custodial Property

§ 44-5-120. Single Custodianship

§ 44-5-121. Validity of Transfer

§ 44-5-122. Powers and Duties of Custodian; Name in Which Registered Securities to Be Held; Commingling With Personal Assets

§ 44-5-123. Custodian’s Rights, Powers, and Authority Over Custodial Property; Liability for Breach of Code Section 44-5-122

§ 44-5-124. Custodial Discretion in Transfers of Custodial Property for Support, Maintenance, Education, and General Use and Benefit of Minor

§ 44-5-125. Compensation; Expenses of Custodian; Bond

§ 44-5-126. Liability of Third Person for Dealings With Person Purporting to Act in Capacity of Custodian

§ 44-5-127. Assertion of Claim Arising Out of Custodial Relationship

§ 44-5-128. Appointment of Successor Custodian

§ 44-5-129. Accounting by Custodian; Petition for Accounting

§ 44-5-130. Transfer of Custodial Property by Custodian to Minor or Minor’s Estate

§ 44-5-131. Applicability to Transfers Made After July 1, 1990

§ 44-5-132. Applicability to Transfers Made Prior to July 1, 1990

§ 44-5-133. Uniform Applicability of Article

§ 44-5-134. Exceptions to Article