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AZ HB2659
Bill
Status
1/28/2025
Primary Sponsor
Neal Carter
Click for details
AI Summary
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Changes the article heading of Arizona's uniform transfers to minors act from "Arizona Uniform Transfers to Minors Act" to "Revised Arizona Uniform Transfers to Minors Act"
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Increases the age at which custodians must transfer custodial property to minors from 21 to 25 years old for property transferred under sections 14-7654 or 14-7655
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Maintains the existing age of 18 for property transferred under sections 14-7656 or 14-7657
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Property must be transferred to the minor or minor's estate upon the earliest of: the minor's twenty-fifth birthday (for certain transfers), eighteenth birthday (for other transfers), or the minor's death
Legislative Description
Transfer to minors; age increase
Trusts, Estates And Protective Proceedings - Title 14
Last Action
House minority caucus: Do pass
2/11/2025