Official Code of Georgia Annotated

Title 44. PROPERTY · Chapter 5. ACQUISITION AND LOSS OF PROPERTY · Article 5. THE GEORGIA TRANSFERS TO MINORS ACT

44-5-130. Transfer of custodial property by custodian to minor or minor’s estate.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

The custodian shall transfer in an appropriate manner the custodial property to the minor or to the minor’s estate upon the earliest of:
(1)
The minor’s attainment of 21 years of age with respect to custodial property transferred under Code Section 44-5-114 or 44-5-115;#
(2)
The minor’s attainment of majority under the laws of this state other than this article with respect to custodial property transferred under Code Section 44-5-116 or 44-5-117; or#
(3)
The minor’s death.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 44-5-130, enacted by Ga. L. 1990, p. 667, § 1.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t44-ch1-7-(v31)-2010-pdf.pdf, Volume V31, 2010 edition, page 494; merge action: carried; file SHA-256 490191d3dc54.

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