Massachusetts General Laws
Title II - Descent and Distribution, Wills, Estates of Deceased Persons and Absentees, Guardianship, Conservatorship and Trusts
Chapter 203b - Uniform Custodial Trust Act

Section 1 - Definitions - Section 1. This chapter shall be known as and may...

Section 2 - Creation; Termination; Augmentation of Trust Property; Designation of Successor Trustee - Section 2. (a) A person may create a custodial trust...

Section 3 - Designation as Substitute or Successor Custodial Trustees - Section 3. (a) A person having the right to designate...

Section 4 - Custodial Trustee's Acceptance - Section 4. (a) Obligations of a custodial trustee, including the...

Section 5 - Transfer of Trust Property for Use and Benefit of Incapacitated Individual - Section 5. (a) Unless otherwise directed by an instrument designating...

Section 6 - Multiple Beneficiaries; Right of Survivorship - Section 6. (a) Beneficial interests in a custodial trust created...

Section 7 - Vesting Title; Management of Trust Property; Duties - Section 7. (a) If appropriate, a custodial trustee shall register...

Section 8 - Trustee's Rights and Powers Over Trust Property - Section 8. (a) A custodial trustee, acting in a fiduciary...

Section 9 - Payments to Beneficiaries - Section 9. (a) A custodial trustee shall pay to the...

Section 10 - Administration of Trust for Incapacitated Beneficiary; Determination of Incapacity - Section 10. (a) The custodial trustee shall administer the custodial...

Section 11 - Third Person Dealing With One Purporting to Act as Trustee - Section 11. A third person in good faith and without...

Section 12 - Claims Against Trust Property; Trustee, Beneficiary Liability - Section 12. (a) A claim based on a contract entered...

Section 13 - Trustee Declining to Serve; Resignation; Petition for Removal - Section 13. (a) Before accepting the custodial trust property, a...

Section 14 - Expenses; Bond - Section 14. Except as otherwise provided in the instrument creating...

Section 15 - Written Statement of Property and Administration; Petition for Accounting - Section 15. (a) Upon the acceptance of custodial trust property,...

Section 16 - Claims for Relief; Time Limitations - Section 16. (a) Except as provided in subsection (c), unless...

Section 17 - Termination of Trust; Order of Distribution - Section 17. (a) Upon termination of a custodial trust, the...

Section 18 - Transfer of Property to Create Trust - Section 18. (a) If a transaction, including a declaration with...

Section 19 - Applicable Law; Place of Transfer - Section 19. (a) This chapter shall apply to a transfer...