Find Legal Information

54.892 Termination of custodianship.

54.892

54.892 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:

54.892(1)

(1) The minor's attainment of 21 years of age with respect to custodial property transferred under s. 54.860 or 54.862;

54.892(2)

(2) The minor's attainment of 18 years of age with respect to custodial property transferred under s. 54.864 or 54.866; or

54.892(3)

(3) The minor's death.

54.892 - ANNOT.

History: 1987 a. 191; 2005 a. 387 s. 546; Stats. 2005 s. 54.892.