An instrument in substantially the following form satisfies the requirements of section 13(2)(b) and 13(8):

   “TRANSFER UNDER THE MICHIGAN UNIFORM TRANSFERS TO MINORS ACT

   I, ____________________ (name of transferor or name and representative capacity, if a fiduciary) transfer to ____________________ (name of custodian), as custodian for ____________________ (name of minor) under the Michigan uniform transfers to minors act, the following:

   (insert a description of the custodial property sufficient to identify it).

   Dated: _______________

   __________________________________________________

   (Signature)

   ____________________ (name of custodian) acknowledges receipt of the property described above as custodian for the minor named above under the Michigan uniform transfers to minors act.

   Dated: _______________

   _________________________________________”

   (Signature of Custodian)