Effective: April 6, 2017
Latest Legislation: House Bill 432 - 131st General Assembly
(A) Sections 5814.01 to 5814.10 of the Revised Code shall be construed to effectuate their general purpose to make uniform the law of those states that enact similar provisions.
(B) Sections 5814.01 to 5814.10 of the Revised Code shall not be construed as providing an exclusive method for making gifts or transfers to minors.
(C) Nothing in sections 5814.01 to 5814.10 of the Revised Code shall affect gifts made under former sections 1339.19 to 1339.28 of the Revised Code, nor the powers, duties, and immunities conferred by gifts in such manner upon custodians and persons dealing with custodians. Sections 5814.01 to 5814.10 of the Revised Code henceforth apply, however, to all gifts made in a manner and form prescribed in former sections 1339.19 to 1339.28 of the Revised Code, except insofar as the application impairs constitutionally vested rights. Sections 5814.01 to 5814.10 of the Revised Code shall be construed as a continuation of the provisions of former sections 1339.19 to 1339.28 of the Revised Code, according to the language employed, and not as a new enactment.
(D) Nothing in sections 5814.01 to 5814.10 of the Revised Code, as of May 7, 1986, shall affect gifts made under those sections as they existed prior to May 7, 1986, or the powers, duties, and immunities conferred by the gifts in any manner upon custodians and persons dealing with custodians. Sections 5814.01 to 5814.10 of the Revised Code, as of May 7, 1986, hereafter apply to all gifts made in a manner and form prescribed in those sections as they existed prior to May 7, 1986, except to the extent that the application of those sections, as of May 7, 1986, would impair constitutionally vested rights.
Structure Ohio Revised Code
Chapter 5814 | Ohio Transfers to Minors Act
Section 5814.01 | Transfers to Minors Act Definitions.
Section 5814.02 | Subject of Gift or Transfer.
Section 5814.03 | Effect of Gift or Transfer.
Section 5814.04 | Custodian - Powers and Duties.
Section 5814.05 | Fees and Compensation of Custodian.
Section 5814.07 | Successor Custodian.
Section 5814.08 | Accounting by and Determination of Liability of Custodian.
Section 5814.09 | Delayed Time for Delivery of Custodial Property.