Section 554.534 - Instrument; form.
MICHIGAN UNIFORM TRANSFERS TO MINORS ACT (EXCERPT)
Act 433 of 1998
554.534 Instrument; form.
Sec. 14.
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)
History: 1998, Act 433, Imd. Eff. Dec. 30, 1998