710.123 Termination of custodianship.— (1) The custodian shall transfer in an appropriate manner the custodial property to the minor or to the minor’s estate upon the earlier of: (a) The minor’s attainment of 21 years of age with respect to custodial property transferred under s. 710.105 or s. 710.106. However, a transferor can, with respect to such custodial […]
710.124 Applicability.—This act applies to a transfer within the scope of s. 710.103 made after October 1, 1985, if: (1) The transfer purports to have been made under the Florida Gifts to Minors Act (former ss. 710.01-710.10); or (2) The instrument by which the transfer purports to have been made uses in substance the designation “as custodian under […]
710.125 Effect on existing custodianships.— (1) Any transfer of custodial property as now defined in this act made before October 1, 1985, is validated notwithstanding that there was no specific authority in the Florida Gifts to Minors Act for the coverage of custodial property of that kind or for a transfer from that source at the time […]
710.126 Uniformity of application and construction.—This act shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this act among states enacting it. History.—s. 1, ch. 85-95.
