Termination of custodianship.
The custodian shall transfer in an appropriate manner the custodial property to the minor or to the minor’s estate upon the earlier of: The minor reaches 18 years of age, or if the transfer was made as provided in section 21-309(d), the minor reaches 21 years of age, with respect to custodial property transferred under section 21-304 or 21-305; The minor reaches 18 years of age with respect to custodial property transferred under section 21-306 or 21-307; or The minor’s death.
Annotations
Mar. 12, 1986, D.C. Law 6-87, § 2(a), 33 DCR 278 Feb. 5, 1994, D.C. Law 10-68, § 22, 40 DCR 6311 Apr. 9, 1997, D.C. Law 11-255, § 20(a), 44 DCR 1271 Mar. 24, 1998, D.C. Law 12-81, § 14(g), 45 DCR 745 Apr. 27, 2001, D.C. Law 13-292, § 602(b), 48 DCR 2087 Uniform Law: This section is based upon § 20 of the Uniform Transfers to Minors Act. D.C. Law 13-292, in par. (1), inserted “, or if the transfer was made as provided in section 21-309(d), the minor reaches 21 years of age,” following “18 years of age”. 1981 Ed., § 21-320. This section is referenced in § 21-322.
Sourced from the DC Council Open Law Library (public domain).
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