Arizona HB2659 increases the age for transferring custodial property to minors from 18 to 25.
Arizona HB2659 amends the Arizona Uniform Transfers to Minors Act by changing the age for transferring custodial property to minors from 18 to 25. The bill modifies the termination of custodianship section to specify that property must be transferred by the minor's twenty-fifth birthday if transferred under certain sections, while other transfers must occur by the minor's eighteenth birthday. This change affects minors and custodians under the Arizona Uniform Transfers to Minors Act.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.