2010 Georgia Code 44-5-112 Case Law
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One Click Case Law for § 44-5-112
O.C.G.A. § 44-5-111 <-- --> O.C.G.A. §44-5-113



2010 Georgia Code

TITLE 44 - PROPERTY

CHAPTER 5 - ACQUISITION AND LOSS OF PROPERTY
ARTICLE 5 - THE GEORGIA TRANSFERS TO MINORS ACT
§ 44-5-112 - Applicability of article

O.C.G.A. 44-5-112 (2010)
44-5-112. Applicability of article


(a) This article applies to a transfer that refers to "The Georgia Transfers to Minors Act" in the designation under subsection (a) of Code Section 44-5-119 by which the transfer is made if at the time of the transfer the transferor, the minor, or the custodian is a resident of this state or the custodial property is located in this state. The custodianship so created remains subject to this article despite a subsequent change in residence of a transferor, the minor, or the custodian or the removal of custodial property from this state.

(b) A person designated as custodian under the authority of this article is subject to personal jurisdiction in this state with respect to any matter relating to the custodianship.

(c) A transfer that purports to be made and which 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 this state 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.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com