527.41 APPLICABILITY.
Sections
527.21 to
527.40 apply to a transfer within the scope of section
527.22 made after
January 1, 1986, if:
(1) the transfer purports to have been made under Minnesota Statutes 1984, sections
527.01
to
527.11; or
(2) the instrument by which the transfer purports to have been made uses in substance the
designation "as custodian under the Uniform Gifts to Minors Act" or "as custodian under the
Uniform Transfers to Minors Act" of any other state, and the application of sections
527.21 to
527.40 is necessary to validate the transfer.
History: 1985 c 221 s 21; 1Sp1986 c 3 art 1 s 60