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AZ HB2659

Bill

Status

Introduced

1/28/2025

Primary Sponsor

Neal Carter

Click for details

Origin

House of Representatives

Fifty-seventh Legislature - First Regular Session (2025)

AI Summary

  • 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"

  • 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

  • Maintains the existing age of 18 for property transferred under sections 14-7656 or 14-7657

  • 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

Committee Referrals

Rules1/28/2025
Commerce1/28/2025

Full Bill Text

No bill text available