14-9110
14-9110. Determination of incapacity; A. The custodial trustee shall administer the custodial trust as for an 1. The custodial trust was created under section 14-9105. 2. The transferor has so directed in the instrument creating the custodial trust. 3. The custodial trustee has determined that the beneficiary is incapacitated. B. A custodial trustee may determine that the beneficiary is incapacitated by 1. Previous direction or authority given by the beneficiary while not 2. The certificate of the beneficiary's physician. 3. Other persuasive evidence. C. If a custodial trustee for an incapacitated beneficiary reasonably concludes D. On petition of the beneficiary, custodial trustee or other person interested in E. Absent a determination of incapacity of the beneficiary under subsection B or D F. Incapacity of a beneficiary does not terminate: 1. The custodial trust. 2. Any designation of a successor custodial trustee. 3. Rights or powers of the custodial trustee. 4. Any immunities of third persons acting on instructions of the custodial trustee. |