Custodial property means an interest in property transferred to a custodian under this act and the income from, and proceeds of, that interest in property.
Custodial property means property transferred to a custodian for a minor under the provisions of
Custodial property means (i) any interest in property transferred to a custodian under this chapter and (ii) the income from and proceeds of that interest in property.
Examples of Custodial property in a sentence
Custodial property held under this act by the same custodian for the benefit of the same minor constitutes a single custodianship.History: 1998, Act 433, Imd.
Custodial property may be leased pending fore- closure with the servicing official ap- proving the lease on behalf of the Agency.(2) Inventory property.
Custodial property will be maintained and repaired only as needed to protect the security of the property and to prevent deterioration.
Custodial property consisting of an undivided interest is so identified if the minor's interest is held as a tenant in common and is fixed.
Custodial property cannot be leased if extensive repairs are necessary in order for it to be inhabitable.
More Definitions of Custodial property
Custodial property means any interest in property trans- ferred to a custodian under ss. 54.854 to 54.898 and the income from and proceeds of that interest in property.
Custodial property means both of the following:
Custodial property means (a) any interest in property
Custodial property means any interest in property trans- ferred to a custodian under ss. 880.61 to 880.72 and the income from and proceeds of that interest in property.
Custodial property shall have the meaning specified in Section 2.02(a);
Custodial property has the meaning specified in Section 4.03(b).
Custodial property means (A) any interest in property transferred to a custodian under sections 45a-557 to 45a-560b, inclusive, and (B) the income from and proceeds of that interest in property.