Minnesota Statutes
Chapter 527 — Uniform Transfers To Minors Act
Section 527.39 — Accounting By And Determination Of Liability Of Custodian.

(a) A minor who has attained the age of 14 years, the minor's guardian or legal representative, an adult member of the minor's family, a transferor, or a transferor's legal representative may petition the court (i) for an accounting by the custodian or the custodian's legal representative; or (ii) for a determination of responsibility, as between the custodial property and the custodian personally, for claims against the custodial property unless the responsibility has been adjudicated in an action under section 527.37 to which the minor or the minor's legal representative was a party.
(b) A successor custodian may petition the court for an accounting by the predecessor custodian.
(c) The court, in a proceeding under this chapter or in any other proceeding, may require or permit the custodian or the custodian's legal representative to account.
(d) If a custodian is removed under section 527.38, paragraph (f), the court shall require an accounting and order delivery of the custodial property and records to the successor custodian and the execution of all instruments required for transfer of the custodial property.
1985 c 221 s 19; 2005 c 10 art 4 s 26

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.