Uniform Custodial Trust Act

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This is Chapter 9 of the Code of Virginia, titled “Uniform Custodial Trust Act.” It is part of Subtitle III “Trusts”, which is part of Title 64.2 “Wills, Trusts, and Fiduciaries”.

It’s comprised of the following 19 sections.

§ 64.2-900	Definitions
§ 64.2-901	Custodial trust; creation and termination; general provisions
§ 64.2-902	Custodial trustee for future payment or transfer
§ 64.2-903	Form and effect of receipt and acceptance by custodial trustee; jurisdiction
§ 64.2-904	Transfer to custodial trustee by fiduciary or obligor; facility of payment
§ 64.2-905	Multiple beneficiaries; separate custodial trusts; survivorship
§ 64.2-906	General duties of custodial trustee
§ 64.2-907	General powers of custodial trustee
§ 64.2-908	Use of custodial trust property
§ 64.2-909	Determination of incapacity; effect
§ 64.2-910	Exemption of third person from liability
§ 64.2-911	Liability to third person; exceptions
§ 64.2-912	Declination, resignation, incapacity, death, or removal of custodial trustee; designation of successor
§ 64.2-913	Expenses, compensation, and bond of custodial trustee
§ 64.2-914	Reporting and accounting by custodial trustee; determination of liability
§ 64.2-915	Limitations of action against custodial trustee
§ 64.2-916	Distribution on termination
§ 64.2-917	Methods and forms for creating custodial trusts
§ 64.2-918	Applicable law