§ 3232. Effect on existing custodianships
(a) Any transfer of custodial property as now defined in this chapter made before July 1, 2015 is validated, notwithstanding that there was no specific authority in the Vermont Uniform Gifts to Minors Act for the coverage of custodial property of that kind or for a transfer from that source at the time the transfer was made.
(b) This chapter applies to all transfers made before July 1, 2015 in a manner and form prescribed in the Vermont Uniform Gifts to Minors Act, except insofar as the application impairs constitutionally vested rights or extends the duration of custodianships in existence on July 15, 2015. (Added 2015, No. 7, § 1.)
Structure Vermont Statutes
Title 14 - Decedents' Estates and Fiduciary Relations
Chapter 115 - Vermont Uniform Transfers to Minors Act
§ 3212. Scope and jurisdiction
§ 3213. Nomination of custodian
§ 3214. Transfer by gift or exercise of power of appointment
§ 3215. Transfer authorized by will or trust
§ 3216. Other transfer by fiduciary
§ 3218. Receipt for custodial property
§ 3221. Validity and effect of transfer
§ 3222. Care of custodial property
§ 3224. Use of custodial property
§ 3225. Custodian’s expenses, compensation, and bond
§ 3226. Exemption of third person from liability
§ 3227. Liability to third persons
§ 3229. Accounting by and determination of liability of custodian
§ 3230. Termination of custodianship
§ 3232. Effect on existing custodianships