A transfer may be made only for one minor and only one person may be the custodian. All custodial property held under this Act by the same custodian for the benefit of the same minor constitutes a single custodianship.
Me. Rev. Stat. tit. 33, § 1661
Single custodianship
Known as the Maine Uniform Transfers to Minors Act
The act spans §§ 1651 to 1674 (24 sections).
PL 1987, c. 734, §2 (NEW).
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.