California Probate Code

§ 3920.5

PROB § 3920.5 Effective Jan 1, 1997Div. 4 · Part 9

Statute text

(a)Subject to the requirements and limitations of this section, the time for transfer to the minor of custodial property transferred under or pursuant to Section 3903, 3904, 3905, or 3906, may be delayed until a specified time after the time the minor attains the age of 18 years, which time shall be specified in the transfer pursuant to Section 3909.

(b)To specify a delayed time for transfer to the minor of the custodial property, the words “as custodian for (Name of Minor) until age (Age for Delivery of Property to Minor) under the California Uniform Transfers to Minors Act” shall be substituted in substance for the words “as custodian for (Name of Minor) under the California Uniform Transfers to Minors Act” in making the transfer pursuant to Section 3909.

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Legislative history

Amended by Stats. 1996, Ch. 862, Sec. 14. Effective January 1, 1997.