Indiana Code
Chapter 8.5. Indiana Uniform Transfers to Minors Act
30-2-8.5-25. Single Custodianship

Sec. 25. A transfer may be made only for one (1) minor, and only one (1) person may be the custodian. All custodial property held under this chapter by the same custodian for the benefit of the same minor constitutes a single custodianship.
As added by P.L.267-1989, SEC.2.

Structure Indiana Code

Indiana Code

Title 30. Trusts and Fiduciaries

Article 2. General Provisions

Chapter 8.5. Indiana Uniform Transfers to Minors Act

30-2-8.5-1. "Adult" Defined

30-2-8.5-2. "Benefit Plan" Defined

30-2-8.5-3. "Broker" Defined

30-2-8.5-4. "Custodial Property" Defined

30-2-8.5-5. "Custodian" Defined

30-2-8.5-6. "Financial Institution" Defined

30-2-8.5-7. "Guardian" Defined

30-2-8.5-8. "Legal Representative" Defined

30-2-8.5-9. "Members of the Minor's Family" Defined

30-2-8.5-10. "Minor" Defined

30-2-8.5-11. "Person" Defined

30-2-8.5-12. "Personal Representative" Defined

30-2-8.5-13. "State" Defined

30-2-8.5-14. "Transfer" Defined

30-2-8.5-15. "Transferor" Defined

30-2-8.5-16. "Trust Company" Defined

30-2-8.5-17. Scope and Jurisdiction

30-2-8.5-18. Nomination of Custodian

30-2-8.5-19. Transfer by Gift or Exercise of Power of Appointment

30-2-8.5-20. Transfer Authorized by Will or Trust; Designation of Custodian

30-2-8.5-21. Other Transfers by Fiduciary; Guardian as Custodian

30-2-8.5-22. Transfer by Obligor

30-2-8.5-23. Receipt for Custodial Property

30-2-8.5-24. Manner of Creating Custodial Property and Effecting Transfer; Designation of Initial Custodian; Control

30-2-8.5-25. Single Custodianship

30-2-8.5-26. Validity and Effect of Transfer

30-2-8.5-27. Care of Custodial Property

30-2-8.5-28. Powers of Custodian

30-2-8.5-29. Use of Custodial Property; Transfer of Property to Trust

30-2-8.5-30. Custodian's Expenses, Compensation, and Bond

30-2-8.5-31. Exemption of Third Person From Liability

30-2-8.5-32. Liability to Third Person

30-2-8.5-33. Renunciation, Resignation, Death, or Removal of Custodian; Designation of Successor Custodian

30-2-8.5-34. Accounting by and Determination of Liability of Custodian

30-2-8.5-35. Termination of Custodianship

30-2-8.5-36. Applicability

30-2-8.5-37. Effect on Existing Custodianships

30-2-8.5-38. Uniformity of Application and Construction

30-2-8.5-39. Severability

30-2-8.5-40. Written Election Concerning Custodial Property