The custodian shall transfer in an appropriate manner the custodial property to the minor or to the minor’s estate upon the earlier of:

(1)  the minor’s becoming 21 years of age with respect to custodial property transferred under Section 75-5a-105 or 75-5a-106;

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Terms Used In Utah Code 75-5a-121

  • Property: includes both real and personal property. See Utah Code 68-3-12.5
  • State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(2)  the minor’s attainment of majority under the laws of this state with respect to the custodial property transferred under Section 75-5a-107 or 75-5a-108; or

(3)  the minor’s death.

Enacted by Chapter 272, 1990 General Session