§ 18-7-3. Scope and jurisdiction.
(a) This chapter applies to a transfer that refers to this chapter in the designation under § 18-7-10(a) by which the transfer is made if at the time of the transfer, the transferor, the minor, or the custodian is a resident of this state or the custodial property is located in this state. The custodianship so created remains subject to this chapter despite a subsequent change in residence of a transferor, the minor, or the custodian, or the removal of custodial property from this state.
(b) A person designated as custodian under this chapter is subject to personal jurisdiction in this state with respect to any matter relating to the custodianship.
(c) A transfer that purports to be made and which is valid under the Uniform Transfers to Minors Act, the Uniform Gifts to Minors Act, or a substantially similar act of another state is governed by the law of the designated state and may be executed and is enforceable in this state if, at the time of the transfer, the transferor, the minor, or the custodian is a resident of the designated state or the custodial property is located in the designated state.
History of Section.P.L. 1985, ch. 389, § 2.
Structure Rhode Island General Laws
Chapter 18-7 - Uniform Transfers to Minors Act
Section 18-7-1. - Short title.
Section 18-7-2. - Definitions.
Section 18-7-3. - Scope and jurisdiction.
Section 18-7-4. - Nomination of custodian.
Section 18-7-5. - Transfer by gift or exercise of power of appointment.
Section 18-7-6. - Transfer authorized by will or trust.
Section 18-7-7. - Other transfer by fiduciary.
Section 18-7-8. - Transfer by obligor.
Section 18-7-9. - Receipt for custodial property.
Section 18-7-11. - Single custodianship.
Section 18-7-12. - Validity and effect of transfer.
Section 18-7-13. - Care of custodial property.
Section 18-7-14. - Powers of custodian.
Section 18-7-15. - Use of custodial property.
Section 18-7-16. - Custodian’s expenses, compensation, and bond.
Section 18-7-17. - Exemption of third person from liability.
Section 18-7-18. - Liability to third person.
Section 18-7-20. - Accounting by and determination of liability of custodian.
Section 18-7-21. - Termination of custodianship.
Section 18-7-22. - Applicability.
Section 18-7-23. - Effect on existing custodianships.
Section 18-7-24. - Uniformity of application and construction.