612 chapters · 23,756 sections of codified Massachusetts statutes.
Mass. Gen. Laws ch. 201A, § 10 Single custodianship
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Section 10. A transfer may be made only for one minor, and only one person may be the custodian. All custodial property held under this chapter by the same custodian for the benefit of the same minor constitutes a single custodianship.
Mass. Gen. Laws ch. 201A, § 11 Validity and effect of transfer
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Section 11. (a) The validity of a transfer made in a manner prescribed in this chapter is not affected by: (1) failure of the transferor to comply with subsection (c) of section nine concerning possession and control; (2) designation of an ineligible custodian, except designation…
Mass. Gen. Laws ch. 201A, § 12 Care of custodial property
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Section 12. (a) A custodian shall: (1) take control of custodial property; (2) register or record title to custodial property if appropriate; and (3) collect, hold, manage, invest, and reinvest custodial property. (b) In dealing with custodial property, a custodian shall observe …
Mass. Gen. Laws ch. 201A, § 13 Powers of custodian
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Section 13. (a) A custodian, acting in a custodial capacity, has all the rights, powers, and authority over custodial property that unmarried adult owners have over their own property, but a custodian may exercise those rights, powers, and authority in that capacity only. (b) Thi…