385.022 Scope and jurisdiction.

202 words·~1 min read·/ky/chapter-385/385-022

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)KRS 385.012 to 385.222 apply to a transfer that refers to KRS 385.032 to 385.222

in the designation under KRS 385.092(1) by which the transfer is made if at the

time of the transfer, the transferor, the minor, or the custodian is a resident of this

state or the custodial property is located in this state. The custodianship so created

remains subject to KRS 385.032 to 385.222 despite a subsequent change in

residence of a transferor, the minor, or the custodian, or the removal of custodial

property from this state.

(2)A person designated as custodian under KRS 385.032 to 385.222 is subject to

personal jurisdiction in this state with respect to any matter relating to the

custodianship.

(3)A transfer that purports to be made and which is valid under the Uniform Transfers

to Minors Act, the Uniform Gifts to Minors Act, or a substantially similar act, of

another state is governed by the law of the designated state and may be executed

and is enforceable in this state if at the time of the transfer, the transferor, the minor,

or the custodian is a resident of the designated state or the custodial property is

located in the designated state.