404.470. Custodian designation by donor on present transfer, who may serve.

Custodian designation by donor on present transfer, who may serve.

404.470. A donor making a present transfer of property to abeneficiary may designate and transfer the property to any adultperson or financial institution, including the donor, as personalcustodian for the beneficiary under sections 404.400 to 404.650.

(L. 1986 S.B. 651 § 4 subsec. 1)