Sec. 6. As used in this chapter, "beneficiary" means an individual for whom property:
(1) has been transferred to; or
(2) is held under a declaration of trust by;
a custodial trustee for the individual's use and benefit under this chapter.
Ind. Code § 30-2-8.6-6
"Beneficiary"
Known as the Indiana Uniform Custodial Trust Act
The act spans §§ 30-2-8.6-1 to 30-2-8.6-9 (39 sections).
As added by P.L.3-2003, SEC.1.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.