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Minnesota Legislature

Office of the Revisor of Statutes

527.40 TERMINATION OF CUSTODIANSHIP.

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 attainment of 21 years of age with respect to custodial property transferred under section 527.24 or 527.25;

(2) the minor's attainment of age 18 with respect to custodial property transferred under section 527.26 or 527.27; or

(3) the minor's death.

History:

1985 c 221 s 20