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California Probate Code

§ 3909

PROB § 3909Div. 4 · Part 9
(a)Custodial property is created and a transfer is made whenever any of the following occurs:
(1)An uncertificated security or a certificated security in registered form is either:
(A)Registered in the name of the transferor, an adult other than the transferor, or a trust company, followed in substance by the words:“as custodian for (Name of Minor) under the California Uniform Transfers to Minors Act.”

Legislative history

Amended by Stats. 1991, Ch. 1055, Sec. 17.

Source: California Probate Code § 3909 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.