14-7655

14-7655. Transfer authorized by will or
trust

A. A personal representative or trustee may make an irrevocable transfer pursuant
to section 14-7659 to a custodian for the benefit of a minor as authorized in the
governing will or trust.

B. If the testator or settlor has nominated a custodian pursuant to section 14-7653
to receive the custodial property, the transfer must be made to that person.

C. If the testator or settlor has not nominated a custodian pursuant to section
14-7653, or all persons so nominated as custodian die before the transfer or are unable,
decline or are ineligible to serve, the personal representative or the trustee, as the
case may be, shall designate the custodian from among those eligible to serve as
custodian for property of that kind pursuant to section 14-7659, subsection A.