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Code · Kentucky · Chapter 385 — Uniform transfers to minors act

385.192 Accounting by and determination of liability of custodian.

182 words·~1 min read·/ky/chapter-385/385-192

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(1)A minor who has attained the age of fourteen
(14)years, the minor's guardian of the
person or legal representative, an adult member of the minor's family, a transferor,
or a transferor's legal representative may petition the court:
(a)For an accounting by the custodian or the custodian's legal representative; or
(b)For a determination of responsibility, as between the custodial property and
the custodian personally, for claims against the custodial property unless the
responsibility has been adjudicated in an action under KRS 385.172 to which
the minor or the minor's legal representative was a party.
(2)A successor custodian may petition the court for an accounting by the predecessor
custodian.
(3)The court, in a proceeding under KRS 385.032 to 385.222 or in any other
proceeding, may require or permit the custodian or the custodian's legal
representative to account.
(4)If a custodian is removed under KRS 385.182(6), the court shall require an
accounting and order delivery of the custodial property and records to the successor
custodian and the execution of all instruments required for transfer of the custodial
property.
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