(a) If a transaction, including a declaration with respect to specific property or a transfer of specific property, otherwise satisfies applicable law, the criteria of AS 13.60.010
are satisfied by


(1) the execution and either delivery to the custodial trustee or recording of an instrument in substantially the following form:



TRANSFER UNDER THE ALASKA UNIFORM CUSTODIAL TRUST ACT


I, ________ (name of transferor


or name and representative capacity if a


fiduciary), transfer to ________ (name of


trustee other than transferor), as


custodial trustee for ________ (name of beneficiary)


as beneficiary and ________ as


distributee on termination of the trust in absence of direction by the


beneficiary under the Alaska Uniform Custodial Trust Act, the


following: (insert a description of the custodial trust property


legally sufficient to identify and transfer each item of property).


Dated: ______________________________________________


_____________________________________________________


(Signature); or


(2) the execution and the recording or giving notice of its


execution to the beneficiary of an instrument in substantially the


following form:



DECLARATION OF TRUST UNDER THE ALASKA UNIFORM


CUSTODIAL TRUST ACT


I, ________ (name of owner of property),


declare that from this date I hold


as custodial trustee for ________ (name of


beneficiary other than transferor)


as beneficiary and ________ as distributee


on termination of the trust in


absence of direction by the beneficiary under the Alaska Uniform


Custodial Trust Act, the following: (insert a description of the


custodial trust property legally sufficient to identify and transfer


each item of property).


Dated: ______________________________________________


_____________________________________________________


(Signature).


(b) Either form identified under (a) of this section may be


modified by the transferor of the property to include, for example, the


designation of an alternate or successor trustee or the recipient of


the custodial property upon termination of the trust.


(c) Customary methods of transferring or evidencing ownership


of property may be used to create a custodial trust, including the


following:


(1) registration of a security in the name of a trust company, an


adult other than the transferor, or the transferor if the beneficiary


is other than the transferor, designated in substance 'as custodial


trustee for ________ (name of beneficiary)


under the Alaska Uniform Custodial


Trust Act';


(2) delivery of a certificated security, or a document necessary for


the transfer of an uncertificated security, together with any necessary


endorsement, to an adult other than the transferor or to a trust


company as custodial trustee, accompanied by an instrument in


substantially the form set out in (a)(1) of this section;


(3) payment of money or transfer of a security held in the name of a


broker or a financial institution or its nominee to a broker or


financial institution for credit to an account in the name of a trust


company, an adult other than the transferor, or the transferor if the


beneficiary is other than the transferor, designated in substance 'as


custodial trustee for ________ (name of


beneficiary) under the Alaska Uniform


Custodial Trust Act';


(4) registration of ownership of a life or endowment insurance


policy or annuity contract with the issuer in the name of a trust


company, an adult other than the transferor, or the transferor if the


beneficiary is other than the transferor, designated in substance 'as


custodial trustee for ________ (name of


beneficiary) under the Alaska Uniform


Custodial Trust Act';


(5) delivery of a written assignment to an adult other than the


transferor or to a trust company whose name in the assignment is


designated in substance by the


words 'as custodial trustee for ________ (name


of beneficiary) under the Alaska Uniform Custodial Trust Act';


(6) irrevocable exercise of a power of appointment, under its terms,


in favor of a trust company, an adult other than the donee of the


power, or the donee who holds the power if the beneficiary is other


than the donee, whose name in the appointment is designated in


substance 'as custodial trustee


for ________ (name of beneficiary) under the


Alaska Uniform Custodial Trust Act';


(7) delivery of a written notification or assignment of a right to


future payment under a contract to an obligor that transfers the right


under the contract to a trust company, an adult other than the


transferor, or the transferor if the beneficiary is other than the


transferor, whose name in the notification or assignment is designated


in substance 'as custodial trustee


for ________ (name of beneficiary) under the


Alaska Uniform Custodial Trust Act';


(8) execution, delivery, and recordation of a conveyance of an


interest in real property in the name of a trust company, an adult


other than the transferor, or the transferor if the beneficiary is


other than the transferor, designated in substance 'as custodial


trustee for ________ (name of beneficiary)


under the Alaska Uniform Custodial


Trust Act';


(9) issuance of a certificate of title by an agency of a state or of


the United States that evidences title to tangible personal property


(A) issued in the name of a trust company, an adult other than the


transferor, or the transferor if the beneficiary is other than the


transferor, designated in substance


'as custodial trustee for ________ (name of


beneficiary) under the Alaska Uniform Custodial Trust Act'; or


(B) delivered to a trust company or an adult other than the


transferor or endorsed by the transferor to that person, designated in


substance 'as custodial trustee


for ________ (name of beneficiary) under the


Alaska Uniform Custodial Trust Act'; or


(10) execution and delivery of an instrument of gift to a trust


company or an adult other than the transferor, designated in substance


'as custodial trustee for ________ (name


of beneficiary) under the Alaska


Uniform Custodial Trust Act.'