reglab/housing_qa huggingface dataset:
V.I. Code tit. 15, § 1251f (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251f. Transfer authorized by will or trust

 (a) A personal representative or trustee may make an irrevocable transfer pursuant to section 1251j of this chapter to a custodian for the benefit of a minor as authorized in the governing will or trust. (b) If the testator or settlor has nominated a custodian under section 1251d of this chapter to receive the custodial property, the transfer must be made to that person. (c) If the testator or settlor has not nominated a custodian under section 1251d, of this chapter, or all persons so nominated as custodian die before the transfer or are unable, decline, or are ineligible to serve, the personal representative or the trustee, as the case may be, shall designate the custodian from among those eligible to serve as custodian for property of that kind under section 1251j, subsection (a) of this chapter.
V.I. Code tit. 15, § 1251g (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251g. Other transfer by fiduciary

 (a) Subject to subsection (c), a personal representative or trustee may make an irrevocable transfer to another adult or trust company as custodian for the benefit of a minor pursuant to section 1251j of this chapter, in the absence of a will or under a will or trust that does not contain an authorization to do so. (b) Subject to subsection (c) of this section, a guardian may make an irrevocable transfer to another adult or trust company as custodian for the benefit of the minor pursuant to section 1251j of this chapter. (c) A transfer under subsection (a) or (b) of this section may be made only if: (1) the personal representative, trustee, or guardian considers the transfer to be in the best interest of the minor, (2) the transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, or other governing instrument, and (3) the transfer is authorized by the court if it exceeds $10,000 in value.
V.I. Code tit. 15, § 1251h (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251h. Transfer by obligor

 (1) Subject to subsections (b) and (c) of this section, a person not subject to section 1251f or 1251g of this chapter who holds property of or owes a liquidated debt to a minor not having a guardian may make an irrevocable transfer to a custodian for the benefit of the minor pursuant to section 1251j of this chapter. (2) If a person having the right to do so under section 1251d of this chapter has nominated a custodian under that section to receive the custodial property, the transfer must be made to that person. (3) If no custodian has been nominated under section 1251d of this chapter, or all persons so nominated as custodian die before the transfer or are unable, decline, or are ineligible to serve, a transfer under this section may be made to an adult member of the minor's family or to a trust company unless the property exceeds $10,000 in value.
V.I. Code tit. 15, § 1251i (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251i. Receipt for custodial property

 A written acknowledgment of delivery by a custodian constitutes a sufficient receipt and discharge for custodial property transferred to the custodian pursuant to this chapter.
V.I. Code tit. 15, § 1251k (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251k. Single custodianship

 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.
V.I. Code tit. 15, § 1251l (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251l. Validity and effect of transfer

 (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 section 1251j, subsection (c) of this chapter concerning possession and control; (2) designation of an ineligible custodian, except designation of the transferor in the case of property for which the transferor is ineligible to serve as custodian under section 1251j, subsection (a) of this chapter; or (3) death or incapacity of a person nominated under section 1251d of this chapter or designated under section 1251j of this chapter as custodian or the disclaimer of the office by that person. (b) A transfer made pursuant to section 1251j is irrevocable, and the custodial property is indefensibly vested in the minor, but the custodian has all the rights, powers, duties, and authority provided in this chapter, and neither the minor nor the minor's legal representative has any right, power, duty, or authority with respect to the custodial property except as provided in this chapter. (c) By making a transfer, the transferor incorporates in the disposition all the provisions of this chapter and grants to the custodian, and to any third person dealing with a person designated as custodian, the respective powers, rights and immunities provided in this chapter.
V.I. Code tit. 15, § 1251m (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251m. Care of custodial property

 (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 the standard of care that would be observed by a prudent person dealing with property of another and is not limited by any other statute restricting investments by fiduciaries. If a custodian has a special skill or expertise or is named custodian on the basis of representations of a special skill or expertise, the custodian shall use that skill or expertise. However, a custodian, in the custodian's discretion and without liability to the minor or the minor's estate, may retain any custodial property received from a transferor. (c) A custodian may invest in or pay premiums on life insurance or endowment policies on: (1) the life of the minor only if the minor or the minor's estate is the sole beneficiary, or; (2) the life of another person in whom the minor has an insurable interest only to the extent that the minor, the minor's estate, or the custodian in the capacity of custodian, is the irrevocable beneficiary. (d) A custodian at all times shall keep custodial property separate and distinct from all other property in a manner sufficient to identify it clearly as custodial property of the minor. Custodial property consisting of an undivided interest is so identified if the minor's interest is held as a tenant in common and is fixed. Custodial property subject to recordation is so identified if it is recorded, and custodial property subject to registration is so identified if it is either registered, or held in an account designated, in the name of the custodian, followed in substance by the words: “as a custodian for ____ (name of minor) under the Virgin Islands Uniform Transfers to Minors Act.” (e) A custodian shall keep records of all transactions with respect to custodial property, including information necessary for the preparation of the minor's tax returns, and shall make them available for inspection at reasonable intervals by a parent or legal representative of the minor or by the minor if the minor has attained the age of 14 years.
V.I. Code tit. 15, § 1251n (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251n. Powers of custodian

 (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) This section does not relieve a custodian from liability for breach of section 1251m of this chapter.
V.I. Code tit. 15, § 1251o (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251o. Use of custodial property

 (a) A custodian may deliver or pay to the minor or expend for the minor's benefit so much of the custodial property as the custodian considers advisable for the use and benefit of the minor, without court order and without regard to (1) the duty or ability of the custodian personally or of any other person to support the minor, or (2) any other income or property of the minor which may be applicable or available for that purpose. (b) On petition of an interested person or the minor if the minor has attained the age of 14 years, the court may order the custodian to deliver or pay to the minor or expend for the minor's benefit so much of the custodial property as the court considers advisable for the use and benefit of the minor. (c) A delivery, payment, or expenditure under this section is in addition to, not in substitution for, and does not affect any obligation of a person to support the minor.
V.I. Code tit. 15, § 1251p (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251p. Custodian's expenses, compensation, and bond

 (a) A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties. (b) Except for one who is a transferor under section 1251e of this chapter, a custodian has a non-cumulative election during each calendar year to charge reasonable compensation for services performed during that year. (c) Except as provided in section 1251s, subsection (f) of this chapter, a custodian need not give a bond.
V.I. Code tit. 15, § 1251q (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251q. Exemption of third person from liability

 A third person in good faith and without court order may act on the instructions of or otherwise deal with any person purporting to make a transfer or purporting to act in the capacity of a custodian and, in the absence of knowledge, is not responsible for determining: (1) the validity of the purported custodian's designation; (2) the propriety of, or the authority under this chapter for, any act of the purported custodian; (3) the validity or propriety under this chapter of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian; or (4) the propriety of the application of any property of the minor delivered to the purported custodian.
V.I. Code tit. 15, § 1251r (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251r. Liability to third persons

 (a) A claim based on (1) a contract entered into by a custodian acting in a custodial capacity, (2) an obligation arising from the ownership or control of custodial property, or (3) a tort committed during the custodianship, may be asserted against the custodial property by proceeding against the custodian in the custodial capacity, whether or not the custodian or the minor is personally liable therefor. (b) A custodian is not personally liable: (1) on a contract properly entered into in the custodial capacity unless the custodian fails to reveal that capacity and to identify the custodianship in the contract; or (2) for an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault. (c) A minor is not personally liable for an obligation arising from ownership of custodial property or for a tort committed during the custodianship unless the minor is personally at fault.
V.I. Code tit. 15, § 1251t (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251t. Accounting by and determination of liability of custodian

 (a) A minor who has attained the age of 14 years, the minor's guardian of the person or legal representative, an adult member of the minor's family, a transferor, or a transferor's legal representative may petition the court (1) for an accounting by the custodian or the custodian's legal representative; or (2) for a determination of responsibility, as between the custodial property and the custodian personally, for claims against the custodial property unless the responsibility has been adjudicated in an action under section 1251r to which the minor or the minor's legal representative was a party. (b) A successor custodian may petition the court for an accounting by the predecessor custodian. (c) The court, in a proceeding under this chapter or in any other proceeding, may require or permit the custodian or the custodian's legal representative to account. (d) If a custodian is removed under section 1251s, subsection (f) of this chapter, the court shall require an accounting and order delivery of the custodial property and records to the successor custodian and the execution of all instruments required for transfer of the custodial property.
V.I. Code tit. 15, § 1251u (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251u. Termination of custodianship

 The custodian shall transfer in an appropriate manner the custodial property to the minor or to the minor's estate upon the earlier of: (1) the minor's attainment of 18 years of age with respect to custodial property transferred under section 1251d, 1251e, 1251f or 1251g; or (2) the minor's death.
V.I. Code tit. 15, § 1251v (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251v. Applicability

 This chapter applies to a transfer within the scope of section 1251c made after its effective date if: (1) the transfer purports to have been made under title 16, chapter 61, Virgin Islands Code (the Virgin Islands Uniform Gifts to Minors Act); or (2) the instrument by which the transfer purports to have been made uses in substance the designation “as custodian under the Uniform Gifts Act to Minors Act” or “as custodian under the Uniform Transfers to Minors Act” of any other state, and the application of this chapter is necessary to validate the transfer.
V.I. Code tit. 15, § 1251w (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251w. Effect on existing custodianship

 (a) Any transfer of custodial property as now defined in this chapter made before the effective date of this chapter is validated notwithstanding that there was no specific authority in the Virgin Islands Uniform Gifts to Minors Act for the coverage of custodial property of that kind or for a transfer from that source at the time the transfer was made. (b) This chapter applies to all transfers made before the effective date of the chapter in a manner and form prescribed in the Virgin Islands Uniform Gifts to Minors Act, except insofar as the application impairs constitutionally vested rights or extends the duration of custodianships in existence on the effective date of this chapter.
V.I. Code tit. 15, § 1251x (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 62 - Virgin Islands Uniform Transfers to Minors Act|§ 1251x. Uniformity of application and construction

 This chapter shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this chapter among jurisdictions enacting it.
V.I. Code tit. 15, § 1261 (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 63 - Uniform Durable Power of Attorney Act|§ 1261. Short title

 This chapter may be cited as the “Uniform Durable Power of Attorney Act”.
V.I. Code tit. 15, § 1262 (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 63 - Uniform Durable Power of Attorney Act|§ 1262. Definition

 A durable power of attorney is a power of attorney by which a principal designates another his attorney in fact in writing and the writing contains the words “This power of attorney shall not be affected by subsequent disability or incapacity of the principal, or lapse of time” or “This power of attorney shall become effective upon the disability or incapacity of the principal,” or similar words showing the intent of the principal that the authority conferred shall be exercisable notwithstanding the principal's subsequent disability or incapacity, and, unless it states a time of termination, notwithstanding the lapse of time since the execution of the instrument.
V.I. Code tit. 15, § 1263 (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 63 - Uniform Durable Power of Attorney Act|§ 1263. Durable power of attorney not affected by disability

 All acts done by an attorney in fact pursuant to a durable power of attorney during any period of disability or incapacity of the principal shall have the same effect and inure to the benefit of and bind the principal and his successors in interest as if the principal were competent and not disabled.
V.I. Code tit. 15, § 1264 (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 63 - Uniform Durable Power of Attorney Act|§ 1264. Relation of attorney in fact to court-appointed fiduciary

 (a) If, following execution of a durable power of attorney, a court of the principal's domicile appoints a conservator, guardian of the estate, or other fiduciary charged with the management of all of the principal's property or all of his property except specified exclusions, the attorney in fact shall be accountable to the fiduciary as well as to the principal. The fiduciary shall have the same power to revoke or amend the power of attorney that the principal would have had if he were not disabled or incapacitated. (b) A principal may nominate, by a durable power of attorney, the conservator, guardian of his estate, or guardian of his person for consideration by the court if protective proceedings for the principal's person or estate are thereafter commenced. The court shall make its appointment in accordance with the principal's most recent nomination in a durable power of attorney except for good cause or disqualification.
V.I. Code tit. 15, § 1265 (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 63 - Uniform Durable Power of Attorney Act|§ 1265. Power of attorney not revoked until notice

 (a) The death of a principal who has executed a written power of attorney, durable or otherwise, shall not revoke or terminate the agency as to the attorney in fact or other person, who, without actual knowledge of the death of the principal, acts in good faith under the power. Any action so taken, unless otherwise invalid or unenforceable, shall bind successors in interest of the principal. (b) The disability or incapacity of a principal who has previously executed a written power of attorney that is not a durable power shall not revoke or terminate the agency as to the attorney in fact or other person, who, without actual knowledge of the disability or incapacity of the principal, acts in good faith under the power. Any action so taken, unless otherwise invalid or unenforceable shall bind the principal and his successors in interest.
V.I. Code tit. 15, § 1266 (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 63 - Uniform Durable Power of Attorney Act|§ 1266. Proof of continuance of durable and other powers of attorney by affidavit

 As to acts undertaken in good faith reliance thereon, an affidavit executed by the attorney in fact under a power of attorney, durable or otherwise, stating that he did not have at the time of exercise of the power actual knowledge of the termination of the power by revocation or of the principal's death, disability, or incapacity shall be conclusive proof of the nonrevocation or nontermination of the power at that time. If the exercise of the power of attorney requires execution and delivery of any instrument that is recordable, the affidavit when authenticated for record is likewise recordable. This section does not affect any provision in a power of attorney for its termination by expiration of time or occurrence of an event other than express revocation or a change in the principal's capacity.
V.I. Code tit. 15, § 1267 (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 63 - Uniform Durable Power of Attorney Act|§ 1267. Uniformity of application and construction

 This chapter shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this chapter among states and territories enacting it.
V.I. Code tit. 15, § 1301 (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 65 - Fiduciary Access to Digital Assets|§ 1301. Short title

 This chapter may be cited as the Uniform Fiduciary Access to Digital Assets Act.
V.I. Code tit. 15, § 1303 (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 65 - Fiduciary Access to Digital Assets|§ 1303. Applicability

 (a) This chapter applies to: (1) a fiduciary acting under a will or power of attorney executed before, on, or after the effective date of this chapter; (2) a personal representative acting for a decedent who died before, on, or after the effective date of this chapter; (3) a guardianship proceeding commenced before, on, or after the effective date of this chapter; and (4) a trustee acting under a trust created before, on, or after the effective date of this chapter. (b) This chapter applies to a custodian if the user resides in the Virgin Islands or resided in the Virgin Islands at the time of the user’s death. (c) This chapter does not apply to a digital asset of an employer used by an employee in the ordinary course of the employer’s business.