Section 13.46.190. 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 the
        (1) minor's attainment of 21 years of age with respect to property transferred under AS 13.46.030 or 13.46.040 unless the time of transfer of the custodial property to the minor is changed under AS 13.46.195 or 13.46.197;
        (2) minor's attainment of 18 years of age with respect to property transferred under AS 13.46.050 or 13.46.060, unless the time of transfer of the custodial property to the minor is changed under AS 13.46.197;
        (3) time specified in the transfer under AS 13.46.080 if the time of transfer of the custodial property to the minor is changed under AS 13.46.195 or 13.46.197; or
        (4) minor's death.

Authorities

13.46.085;13.46.195;13.46.210;13.46.990

Notes

References

AS 13.46.085 Native corporations; custodians.
AS 13.46.195 Changing the time for transfer of custodial property.
AS 13.46.210 Effect on existing custodianships.
AS 13.46.990 Definitions.

History

(Sec. 2 ch 11 SLA 1990; am Sec. 33 ch 45 SLA 2013)