§ 45a-557 Short title: Connecticut Uniform Transfers to Minors Act
§ 45a-557a Definitions
§ 45a-557b Scope and jurisdiction
§ 45a-558 Nomination of custodian
§ 45a-558a Transfer by gift or exercise of power
§ 45a-558b Transfer authorized by will or trust
§ 45a-558c Other transfer by fiduciary
§ 45a-558d Transfer by obligor
§ 45a-558e Receipt for custodial property
§ 45a-558f Creation and transfer of custodial property. Designation of initial custodian. Control
§ 45a-558g Single guardianship
§ 45a-558h Validity and effect of transfer
§ 45a-558i Care and control of custodial property
§ 45a-558j Powers of custodian
§ 45a-558k Use of custodial property. Distribution to a trust
§ 45a-559 Custodian’s expenses, compensation and bond
§ 45a-559a Exemption of third party from liability
§ 45a-559b Liability to third persons
§ 45a-559c Renunciation, resignation, death or removal of custodian. Designation of successor custodian
§ 45a-559d Accounting by and determination of liability of custodian
§ 45a-559e Termination of custodianship
§ 45a-560 Applicability
§ 45a-560a Effect on existing custodianships
§ 45a-560b Uniformity of application and construction

Terms Used In Connecticut General Statutes > Chapter 802d

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • another: may extend and be applied to communities, companies, corporations, public or private, limited liability companies, societies and associations. See Connecticut General Statutes 1-1
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Executor: A male person named in a will to carry out the decedent
  • Fiduciary: A trustee, executor, or administrator.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Personal property: All property that is not real property.
  • Probate: Proving a will
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Statute: A law passed by a legislature.
  • Testator: A male person who leaves a will at death.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Trustee: A person or institution holding and administering property in trust.