55-10A-10. Designation of initial custodian.
63 words·~1 min read·
/sd/title-55/chapter-55-10/55-10a-10·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An instrument in the following form satisfies the requirements of subdivisions 55-10A-9(1)(a) and (7):
I, ______________ (name of transferor or name and representative capacity if a fiduciary) hereby transfer to ______________ (name of custodian), as custodian for ______________ (name of minor) under the South Dakota Uniform Transfers to Minors Act, the following: (insert a description of the custodial property sufficient to identify it).