Scope and jurisdiction
Sec. 17. (a) This chapter applies to a transfer that refers to this
chapter in the designation under section 24(a) of this chapter by
which the transfer is made if, at the time of the transfer, the
transferor, the minor, or the custodian is a resident of Indiana or the
custodial property is located in Indiana. The custodianship created
under this section remains subject to this chapter despite:
(1) a change in residence of:
(A) a transferor;
(B) the minor; or
(C) the custodian; or
(2) the removal of custodial property from Indiana.
(b) A person designated as custodian under this chapter is subject
to personal jurisdiction in Indiana with respect to a matter relating to
the custodianship.
(c) A transfer that purports to be made and that 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 Indiana
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.
As added by P.L.267-1989, SEC.2.
Last modified: May 27, 2006