§ 13-301 Estates and Trusts
§ 13-302 Law governing
§ 13-303 Contingent transfers
§ 13-304 Irrevocable transfer to custodian by individual
§ 13-305 Irrevocable transfer by personal representative or trustee
§ 13-306 Irrevocable transfer by personal representative or trustee – In absence of express authority
§ 13-307 Irrevocable transfer by other persons holding property or owing debt to minor
§ 13-308 Receipt and discharge
§ 13-309 Creation of custodial property; when transfer made
§ 13-310 Nature of custodianship
§ 13-311 Effect of transfer
§ 13-312 Duties and powers of custodian
§ 13-313 Rights of custodian; liability
§ 13-314 Delivery or payment to minor or for minor’s use and benefit
§ 13-315 Compensation of custodian; bond
§ 13-316 Liability of third persons dealing with custodian
§ 13-317 Claims against custodial property
§ 13-318 Refusal of nomination; designation of successor; resignation; lapse of custodian; removal
§ 13-319 Accounting
§ 13-320 Transfer of property to minor
§ 13-321 Applicability of subtitle
§ 13-322 Validation of prior transfers
§ 13-323 Construction of subtitle
§ 13-323.1 Award of reasonable and necessary expenses for prosecuting or defending proceeding
§ 13-324 Short title

Terms Used In Maryland Code > ESTATES AND TRUSTS > Title 13 > Subtitle 3 - Maryland Uniform Transfers to Minors Act

  • Administrator: includes an executor and a personal representative. See
  • Adult: means an individual at least 18 years old. See
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • 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.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • 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.
  • County: means a county of the State or Baltimore City. See
  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • 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.
  • including: means includes or including by way of illustration and not by way of limitation. See
  • Inter vivos: Transfer of property from one living person to another living person.
  • 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.
  • minor: means an individual under the age of 18 years. See
  • 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.
  • Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
  • Personal property: All property that is not real property.
  • Personal representative: includes an administrator and an executor. See
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • state: means :

    (1) a state, possession, territory, or commonwealth of the United States; or

    (2) the District of Columbia. See
  • 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.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.