Limitations on custodianship
- • age requirement for transfers
(1) A transfer may be made only for one beneficiary and only one person may be the custodian. All custodial property held under ORS 126.805 (Definitions for ORS 126.805 to 126.886) to 126.886 (Short title) by the same custodian for the benefit of the same beneficiary constitutes a single custodianship.
(2) A transfer may be made for the benefit of a beneficiary under ORS 126.805 (Definitions for ORS 126.805 to 126.886) to 126.886 (Short title) at any time before the beneficiary attains 25 years of age. [1985 c.665 §11; 2005 c.349 §7]
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.