The custodian shall transfer in an appropriate manner the custodial property to the minor or to the minor's estate upon the earlier of:
(1) The minor reaches 18 years of age, or if the transfer was made as provided in section 21-309(d), the minor reaches 21 years of age, with respect to custodial property transferred under section 21-304 or 21-305;
(2) The minor reaches 18 years of age with respect to custodial property transferred under section 21-306 or 21-307; or
(3) The minor's death.
CREDIT(S)
(Mar. 12, 1986, D.C. Law 6-87, § 2(a), 33 DCR 278; Feb. 5, 1994, D.C. Law 10-68, § 22, 40 DCR 6311; Apr. 9, 1997, D.C. Law 11-255, § 20(a), 44 DCR 1271; Mar. 24, 1998, D.C. Law 12-81, § 14(g), 45 DCR 745; Apr. 27, 2001, D.C. Law 13-292, § 602(b), 48 DCR 2087.)
HISTORICAL AND STATUTORY NOTES
Prior Codifications
1981 Ed., § 21-320.
Effect of Amendments
D.C. Law 13-292, in par. (1), inserted “, or if the transfer was made as provided in section 21-309(d), the minor reaches 21 years of age,” following “18 years of age”.
Legislative History of Laws
For legislative history of D.C. Law 6-87, see Historical and Statutory Notes following § 21-301.
For legislative history of D.C. Law 10-68, see Historical and Statutory Notes following § 21-307.
For legislative history of D.C. Law 11-255, see Historical and Statutory Notes following § 16-324.
For legislative history of D.C. Law 12-81, see Historical and Statutory Notes following § 21-302.
For Law 13-292, see notes following § 21-309.
Uniform Law
This section is based upon § 20 of the Uniform Transfers to Minors Act. See 8B Uniform Laws Annotated, Master Edition, or ULA Database on WESTLAW.