Minnesota Statutes
Chapter 527 — Uniform Transfers To Minors Act
Section 527.34 — Use Of Custodial Property.

(a) A custodian may deliver or pay to the minor or expend for the minor's benefit so much of the custodial property as the custodian considers advisable for the use and benefit of the minor, without court order and without regard to (i) the duty or ability of the custodian personally or of any other person to support the minor, or (ii) any other income or property of the minor which may be applicable or available for that purpose.
(b) On petition of an interested person or the minor if the minor has attained the age of 14 years, the court may order the custodian to deliver or pay to the minor or expend for the minor's benefit so much of the custodial property as the court considers advisable for the use and benefit of the minor.
(c) A delivery, payment, or expenditure under this section is in addition to, not in substitution for, and does not affect any obligation of a person to support the minor.
1985 c 221 s 14

Structure Minnesota Statutes

Minnesota Statutes

Chapters 524 - 532 — Probate; Property; Estates; Guardianships; Anatomical Gifts

Chapter 527 — Uniform Transfers To Minors Act

Section 527.21 — Definitions.

Section 527.22 — Scope And Jurisdiction.

Section 527.23 — Nomination Of Custodian.

Section 527.24 — Transfer By Gift Or Exercise Of Power Of Appointment.

Section 527.25 — Transfer Authorized By Will Or Trust.

Section 527.26 — Other Transfer By Fiduciary.

Section 527.27 — Transfer By Obligor.

Section 527.28 — Receipt For Custodial Property.

Section 527.29 — Manner Of Creating Custodial Property And Effecting Transfer; Designation Of Initial Custodian; Control.

Section 527.30 — Single Custodianship.

Section 527.31 — Validity And Effect Of Transfer.

Section 527.32 — Care Of Custodial Property.

Section 527.33 — Powers Of Custodian.

Section 527.34 — Use Of Custodial Property.

Section 527.35 — Custodian's Expenses, Compensation, And Bond.

Section 527.36 — Exemption Of Third Person From Liability.

Section 527.37 — Liability To Third Persons.

Section 527.38 — Renunciation, Resignation, Death, Or Removal Of Custodian; Designation Of Successor Custodian.

Section 527.39 — Accounting By And Determination Of Liability Of Custodian.

Section 527.40 — Transfer Upon Termination Of Custodianship.

Section 527.405 — Conveyance By Custodian.

Section 527.41 — Applicability.

Section 527.42 — Effect On Existing Custodianships.

Section 527.43 — Savings Provision.

Section 527.44 — Short Title.