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Statutes > Virginia Statutes > Title 55 - PROPERTY AND CONVEYANCES. > Chapter 2.1 - Uniform Custodial Trust Act (55-34.1 thru 55-34.19)

Chapter 2.1 - Uniform Custodial Trust Act (55-34.1 thru 55-34.19)

  • 55-34.1 - Definitions.
  • 55-34.2 - Custodial trust; creation and termination; general provisions.
  • 55-34.3 - Custodial trustee for future payment or transfer.
  • 55-34.4 - Form and effect of receipt and acceptance by custodial trustee; jurisdiction.
  • 55-34.5 - Transfer to custodial trustee by fiduciary or obligor; facility of payment.
  • 55-34.6 - Multiple beneficiaries; separate custodial trusts; survivorship.
  • 55-34.7 - General duties of custodial trustee.
  • 55-34.8 - General powers of custodial trustee.
  • 55-34.9 - Use of custodial trust property.
  • 55-34.10 - Determination of incapacity; effect.
  • 55-34.11 - Exemption of third person from liability.
  • 55-34.12 - Liability to third person; exceptions.
  • 55-34.13 - Declination, resignation, incapacity, death, or removal of custodial trustee; designation of successor.
  • 55-34.14 - Expenses, compensation, and bond of custodial trustee.
  • 55-34.15 - Reporting and accounting by custodial trustee; determination of liability.
  • 55-34.16 - Limitations of action against custodial trustee.
  • 55-34.17 - Distribution on termination.
  • 55-34.18 - Methods and forms for creating custodial trusts.
  • 55-34.19 - Applicable law.




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