California Probate Code

§ 3413

PROB § 3413 Effective Jan 1, 2005Div. 4 · Part 8 · Ch. 2 · Art. 2

Statute text

If the minor has no guardian of the estate and there is money belonging to the minor, the court may order that a guardian of the estate be appointed and that the money be paid to the guardian or the court may order any one or more of the following:

(a)That the money be deposited in an insured account in a financial institution in this state, or in a single-premium deferred annuity, subject to withdrawal only upon authorization of the court.

(b)That all or any part of the money be transferred to a custodian for the benefit of the minor under the California Uniform Transfers to Minors Act, Part 9 (commencing with Section 3900).

…

Legislative history

Amended by Stats. 2004, Ch. 67, Sec. 2. Effective January 1, 2005.