§35-5A-21. Termination of custodianship upon minor's reaching age 21 or age of majority or upon minor's death.  


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  • 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's attainment of 21 years of age with respect to custodial property transferred under section 35-5A-5 or 35-5A-6;

    (2) The minor's attainment of majority under the laws of this state other than this chapter with respect to custodial property transferred under section 35-5A-7 or 35-5A-8; or

    (3) The minor's death.

(Acts 1986, No. 86-453, p. 819, §20.)