"Custodial trust property"

Sec. 7. As used in this chapter, "custodial trust property" means the following: (1) An interest in property: (A) transferred to; or (B) held under a declaration of trust by; a custodial trustee under this chapter. (2) The income from and proceeds of the property interest described in subdivision (1). As added by P.L.3-2003, SEC.1.