reglab/housing_qa huggingface dataset:
CO Code § 11-50-105 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-105. Transfer by Gift or Exercise of Power of Appointment

 A person may make a transfer by irrevocable gift to, or the irrevocable exercise of a power of appointment in favor of, a custodian for the benefit of a minor pursuant to section 11-50-110 .   History. Source: L. 84: Entire article R&RE, p. 385, § 1, effective July 1.    ANNOTATION   Law reviews. For article, “Child Support Obligations After Death of the Supporting Parent”, see 16 Colo. Law. 790 (1987).
CO Code § 11-50-106 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-106. Transfer Authorized by Will or Trust

  A personal representative or trustee may make an irrevocable transfer pursuant to section 11-50-110 to a custodian for the benefit of a minor as authorized in the governing will or trust.    If the testator or settlor has nominated a custodian under section 11-50-104 to receive the custodial property, the transfer must be made to that person.    If the testator or settlor has not nominated a custodian under section 11-50-104, 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 11-50-110 (1).     History. Source: L. 84: Entire article R&RE, p. 385, § 1, effective July 1.    ANNOTATION   Law reviews. For article, “Child Support Obligations After Death of the Supporting Parent”, see 16 Colo. Law. 790 (1987).
CO Code § 11-50-107 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-107. Other Transfer by Fiduciary

  Subject to subsection (3) of this section, 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 11-50-110, in the absence of a will or under a will or trust that does not contain an authorization to do so.    Subject to subsection (3) of this section, a conservator may make an irrevocable transfer to another adult or trust company as custodian for the benefit of the minor pursuant to section 11-50-110.    A transfer under subsection (1) or (2) of this section may be made only if:   The personal representative, trustee, or conservator considers the transfer to be in the best interest of the minor;    The transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, or other governing instrument; and    The transfer is authorized by the court if it exceeds ten thousand dollars in value.        History. Source: L. 84: Entire article R&RE, p. 385, § 1, effective July 1.    ANNOTATION   Law reviews. For article, “Child Support Obligations After Death of the Supporting Parent”, see 16 Colo. Law. 790 (1987).
CO Code § 11-50-108 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-108. Transfer by Obligor

  Subject to subsections (2) and (3) of this section, a person not subject to section 11-50-106 or 11-50-107 who holds property of or owes a liquidated debt to a minor not having a conservator may make an irrevocable transfer to a custodian for the benefit of the minor pursuant to section 11-50-110.    If a person having the right to do so under section 11-50-104 has nominated a custodian under that section to receive the custodial property, the transfer must be made to that person.    If no custodian has been nominated under section 11-50-104, 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 ten thousand dollars in value.     History. Source: L. 84: Entire article R&RE, p. 386, § 1, effective July 1.    ANNOTATION   Law reviews. For article, “JDF 999 Collection of Personal Property by Affidavit Pursuant to CRS §§ 15-12-1201 and -1202”, see 42 Colo. Law. 49 (June 2013).
CO Code § 11-50-109 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-109. 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 article.   History. Source: L. 84: Entire article R&RE, p. 386, § 1, effective July 1.
CO Code § 11-50-111 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-111. 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 article by the same custodian for the benefit of the same minor constitutes a single custodianship.   History. Source: L. 84: Entire article R&RE, p. 388, § 1, effective July 1.    Editor's note:   This section is similar to former § 11-50-103 as it existed prior to 1984.
CO Code § 11-50-112 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-112. Validity and Effect of Transfer

  The validity of a transfer made in a manner prescribed in this article is not affected by:   Failure of the transferor to comply with section 11-50-110 (3) concerning possession and control;    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 11-50-110 (1); or    Death or incapacity of a person nominated under section 11-50-104 or designated under section 11-50-110 as custodian or the disclaimer of the office by that person.       A transfer made pursuant to section 11-50-110 is irrevocable, and the custodial property is indefeasibly vested in the minor, but the custodian has all the rights, powers, duties, and authority provided in this article, 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 article.    By making a transfer, the transferor incorporates in the disposition all the provisions of this article 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 article.     History. Source: L. 84: Entire article R&RE, p. 388, § 1, effective July 1.
CO Code § 11-50-113 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-113. Care of Custodial Property

  A custodian shall:   Take control of custodial property;    Register or record title to custodial property if appropriate; and    Collect, hold, manage, invest, and reinvest custodial property.       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.    A custodian may invest in or pay premiums on life insurance or endowment policies on:   The life of the minor only if the minor or the minor's estate is the sole beneficiary; or    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.       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 ”Colorado Uniform Transfers to Minors Act“”.    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 fourteen years.     History. Source: L. 84: Entire article R&RE, p. 388, § 1, effective July 1.    Editor's note:   This section is similar to former § 11-50-105 as it existed prior to 1984.   ANNOTATION   Law reviews. For article, “The Prudent Investor Rule as it Affects Fiduciary Investments”, see 21 Colo. Law. 1883 (1992).   The standard of care set forth in subsection (2) applies exclusively to custodians and not to any other fiduciaries. Buder v. Sartore, 774 P.2d 1383 (Colo. 1989).   Post-1984 purchases of penny stocks which father made as custodian of children's funds violated the custodial standard of care set forth in subsection (2). Buder v. Sartore, 774 P.2d 1383 (Colo. 1989).
CO Code § 11-50-114 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-114. Powers of Custodian

  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. (1.5) At any time, a custodian may transfer part or all of a custodial property to a qualified minor's trust without a court order. Such a transfer terminates the custodianship to the extent of the transfer.    This section does not relieve a custodian from liability for breach of section 11-50-113.     History. Source: L. 84: Entire article R&RE, p. 389, § 1, effective July 1. L. 2007: (1.5) added, p. 126, § 3, effective July 1.    Editor's note:   This section is similar to former § 11-50-105 as it existed prior to 1984.
CO Code § 11-50-115 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-115. Use of Custodial Property

  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:   The duty or ability of the custodian personally or of any other person to support the minor; or    Any other income or property of the minor which may be applicable or available for that purpose.       On petition of an interested person or the minor if the minor has attained the age of fourteen 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.    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.     History. Source: L. 84: Entire article R&RE, p. 389, § 1, effective July 1.    Editor's note:   This section is similar to former § 11-50-105 as it existed prior to 1984.   ANNOTATION   Gifts not to reduce parent's legal obligation of support. Where a parent or parents voluntarily make gifts to children during the parents' marriage and the gifts are not in fulfillment of a court order to pay support, and where the parents are, at the time of dissolution of the marriage, able to meet their support obligations, the court may order that such gifts not be used to reduce the legal obligation of support. This rule assumed that the court had properly considered the financial resources of the children, as required by § 14-10-115 (1) , before ordering the amount of support to be paid by the parents. In re Wolfert, 42 Colo. App. 433, 598 P.2d 524 (1979) (decided under former § 11-50-105 of the Uniform Gifts to Minors Act).   Trial court did not abuse discretion in determining parties' ability to meet obligation for child support and postsecondary education independently of Uniform Gifts to Minors Act account funds where parties combined gross income exceeded upper limits of child support guidelines. In re Ludwig, 122 P.3d 1056 (Colo. App. 2005).
CO Code § 11-50-116 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-116. Custodian's Expenses, Compensation, and Bond

  A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.    Except for one who is a transferor under section 11-50-105, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.    Except as provided in section 11-50-119 (6), a custodian need not give a bond.     History. Source: L. 84: Entire article R&RE, p. 390, § 1, effective July 1.    Editor's note:   This section is similar to former § 11-50-106 as it existed prior to 1984.
CO Code § 11-50-117 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-117. 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:   The validity of the purported custodian's designation;    The propriety of, or the authority under this article for, any act of the purported custodian;    The validity or propriety under this article of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian; or    The propriety of the application of any property of the minor delivered to the purported custodian.        History. Source: L. 84: Entire article R&RE, p. 390, § 1, effective July 1.    Editor's note:   This section is similar to former § 11-50-107 as it existed prior to 1984.
CO Code § 11-50-118 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-118. Liability to Third Persons

  A claim based on a contract entered into by a custodian acting in a custodial capacity, an obligation arising from the ownership or control of custodial property, or 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.    A custodian is not personally liable:   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    For an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault.       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.     History. Source: L. 84: Entire article R&RE, p. 390, § 1, effective July 1.
CO Code § 11-50-120 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-120. Accounting by and Determination of Liability of Custodian

  A minor who has attained the age of fourteen years, the minor's guardian or legal representative, an adult member of the minor's family, a transferor, or a transferor's legal representative may petition the court:   For an accounting by the custodian or the custodian's legal representative; or    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 11-50-118 to which the minor or the minor's legal representative was a party.       A successor custodian may petition the court for an accounting by the predecessor custodian.    The court, in a proceeding under this article or in any other proceeding, may require or permit the custodian or the custodian's legal representative to account.    If a custodian is removed under section 11-50-119 (6), 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.     History. Source: L. 84: Entire article R&RE, p. 392, § 1, effective July 1.    Editor's note:   This section is similar to former § 11-50-109 as it existed prior to 1984.   ANNOTATION   Subsection (1)(a), by authorizing the court to order a custodian to account for funds held on behalf of a minor, allows the court broad discretion in fashioning an appropriate remedy when the account has been improperly maintained. Buder v. Sartore, 774 P.2d 1383 (Colo. 1989).
CO Code § 11-50-121 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-121. 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:   The minor's attainment of twenty-one years of age; or    The minor's death.        History. Source: L. 84: Entire article R&RE, p. 392, § 1, effective July 1. L. 91: Entire section amended, p. 1442, § 1, effective July 1.    Editor's note:   This section is similar to former § 11-50-105 as it existed prior to 1984.
CO Code § 11-50-122 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-122. Applicability

  This article applies to a transfer within the scope of section 11-50-103 made on or after July 1, 1984, if:   The transfer purports to have been made under the “Colorado Uniform Gifts to Minors Act” as it existed prior to said date; or    The instrument by which the transfer purports to have been made uses in substance the designation: “as custodian under the uniform gifts to minors act” or “as custodian under the uniform transfers to minors act” of any other state, and the application of this article is necessary to validate the transfer.        History. Source: L. 84: Entire article R&RE, p. 392, § 1, effective July 1.
CO Code § 11-50-123 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-123. Effect on Existing Custodianships

  Any transfer of custodial property as now defined in this article made before July 1, 1984, is validated notwithstanding that there was no specific authority in the “Colorado Uniform Gifts to Minors Act”, as it existed prior to July 1, 1984, for the coverage of custodial property of that kind or for a transfer from that source at the time the transfer was made.    This article applies to all transfers made before July 1, 1984, in a manner and form prescribed in the former “Colorado Uniform Gifts to Minors Act”, except insofar as the application impairs constitutionally vested rights or extends the duration of custodianships in existence on July 1, 1984.    Sections 11-50-102 and 11-50-121 with respect to the age of a minor for whom custodial property is held under this article do not apply to custodial property held in a custodianship that terminated because of the minor's attainment of the age of eighteen before July 1, 1984.     History. Source: L. 84: Entire article R&RE, p. 392, § 1, effective July 1.
CO Code § 11-50-124 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-124. Uniformity of Application and Construction

 This article shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this article among states enacting it.   History. Source: L. 84: Entire article R&RE, p. 393, § 1, effective July 1.    Editor's note:   This section is similar to former § 11-50-110 as it existed prior to 1984.
CO Code § 11-50-125 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-125. Severability

 If any provisions of this article or its application to any person or circumstance are held invalid, the invalidity does not affect other provisions or applications of this article which can be given effect without the invalid provision or application, and to this end the provisions of this article are severable.   History. Source: L. 84: Entire article R&RE, p. 393, § 1, effective July 1.
CO Code § 11-50-126 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-126. Prior Transfers Not Affected

 To the extent that this article, pursuant to section 11-50-123 (2) , does not apply to transfers made in a manner prescribed in the “Colorado Uniform Gifts to Minors Act”, as it existed prior to July 1, 1984, or to the powers, duties, and immunities conferred by transfers in that manner upon custodians and persons dealing with custodians, the repeal and reenactment of the “Colorado Uniform Gifts to Minors Act” does not affect those transfers or those powers, duties, and immunities.   History. Source: L. 84: Entire article R&RE, p. 393, § 1, effective July 1.    Editor's note:   This section is similar to former § 11-50-111 as it existed prior to 1984.
CO Code § 11-54-101 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-101. Short Title

 This article shall be known and may be cited as the “Refunding Revenue Securities Law”.   History. Source: L. 63: P. 886, § 7. C.R.S. 1963: § 125-8-1. History. Source: L. 63: P. 886, § 7. C.R.S. 1963: § 125-8-1.
CO Code § 11-54-103 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-103. Refunding Public Securities

 Any public securities issued by the state, or any public body thereof, may be refunded, without an election, by the state or public body issuing them, or any successor thereof, in the name of the state or public body issuing the public securities being refunded, but subject to provisions concerning their payment and to any other contractual limitations in the proceedings authorizing their issuance or otherwise appertaining thereto, pursuant to an ordinance to be adopted by the governing body of the issuer in the manner provided by law for the issuance of the public securities being refunded, to refund, pay, and discharge all or any part of such outstanding public securities, including any interest thereon in arrears or about to become due, or for the purpose of reducing interest costs or effecting other economies, or of modifying or eliminating restrictive contractual limitations appertaining to the issuance of additional public securities, or to any project appertaining thereto or any combination thereof.   History. Source: L. 63: P. 888, § 3. C.R.S. 1963: § 125-8-3. History. Source: L. 63: P. 888, § 3. C.R.S. 1963: § 125-8-3.