reglab/housing_qa huggingface dataset:
33 ME Rev Stat § 1654 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1654. Nomination of custodian

 §1654. Nomination of custodian 1.  Revocable nomination.  A person having the right to designate the recipient of property transferrable upon the occurrence of a future event may revocably nominate a custodian to receive the property for a minor beneficiary upon the occurrence of the event by naming the custodian followed in substance by the words "as custodian for (name of minor) under the Maine Uniform Transfers to Minors Act." The nomination may name one or more persons as substitute custodians to whom the property must be transferred, in the order named, if the first nominated custodian dies before the transfer or is unable, declines or is ineligible to serve. The nomination may be made in a will, a trust, a deed, an instrument exercising a power of appointment or in a writing designating a beneficiary of contractual rights which is registered with or delivered to the payor, issuer or other obligor of the contractual rights.   [PL 1987, c. 734, §2 (NEW).] 2.  Who may serve.  A custodian nominated under this section shall be a person to whom a transfer of property of that kind may be made under section 1660, subsection 1.   [PL 1987, c. 734, §2 (NEW).] 3.  Effect of nomination.  The nomination of a custodian under this section does not create custodial property until the nominating instrument becomes irrevocable or a transfer to the nominated custodian is completed under section 1660. Unless the nomination of a custodian has been revoked, upon the occurrence of the future event, the custodianship becomes effective and the custodian shall enforce a transfer of the custodial property pursuant to section 1660.   [PL 1987, c. 734, §2 (NEW).] SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1655 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1655. Transfer by gift or exercise of power of appointment

 §1655. 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 1660.   [PL 1987, c. 734, §2 (NEW).]SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1656 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1656. Transfer authorized by will or trust

 §1656. Transfer authorized by will or trust 1.  Authorized transfer.  A personal representative or trustee may make an irrevocable transfer pursuant to section 1660 to a custodian for the benefit of a minor as authorized in the governing will or trust.   [PL 1987, c. 734, §2 (NEW).] 2.  Authorized custodian.  If the testator or settlor has nominated a custodian under section 1654 to receive the custodial property, the transfer shall be made to that person.   [PL 1987, c. 734, §2 (NEW).] 3.  Designate a custodian.  If the testator or settlor has not nominated a custodian under section 1654, or all persons 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 1660, subsection 1.   [PL 1987, c. 734, §2 (NEW).] SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1657 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1657. Other transfer by fiduciary

 §1657. Other transfer by fiduciary 1.  Transfer by personal representative or trustee.  Subject to subsection 3, 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 1660, in the absence of a will or under a will or trust that does not contain an authorization to do so.   [PL 1987, c. 734, §2 (NEW).] 2.  Transfer by conservator.  Subject to subsection 3, a conservator may make an irrevocable transfer to another adult or trust company as custodian for the benefit of the minor pursuant to section 1660.   [PL 1987, c. 734, §2 (NEW).] 3.  Requirements of transfer.  A transfer under subsection 1 or 2 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 $10,000 in value.   [PL 1987, c. 734, §2 (NEW).] SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1658 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1658. Transfer by obligor

 §1658. Transfer by obligor 1.  Irrevocable transfer.  Subject to subsections 2 and 3, a person not subject to section 1656 or 1657 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 1660.   [PL 1987, c. 734, §2 (NEW).] 2.  Transfer to nominated custodian.  If a person having the right to do so under section 1654 has nominated a custodian under that section to receive the custodial property, the transfer shall be paid to that person.   [PL 1987, c. 734, §2 (NEW).] 3.  Transfer in absence of custodian.  If no custodian has been nominated under section 1654, 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.   [PL 1987, c. 734, §2 (NEW).] SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1659 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1659. Receipt for custodial property

 §1659. Receipt for custodial property A written acknowledgement of delivery by a custodian constitutes a sufficient receipt and discharge for custodial property transferred to the custodian pursuant to this Act.   [PL 1987, c. 734, §2 (NEW).]SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1661 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1661. Single custodianship

 §1661. 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 Act by the same custodian for the benefit of the same minor constitutes a single custodianship.   [PL 1987, c. 734, §2 (NEW).]SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1662 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1662. Validity and effect of transfer

 §1662. Validity and effect of transfer 1.  Validity not affected.  The validity of a transfer made in a manner prescribed in this Act is not affected by:   A. Failure of the transferor to comply with section 1660, subsection 3, concerning possession and control;   [PL 1987, c. 734, §2 (NEW).]B. 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 1660, subsection 1; or   [PL 1987, c. 734, §2 (NEW).]C. Death or incapacity of a person nominated under section 1654, or designated under section 1660, as custodian or the disclaimer of the office by that person.   [PL 1987, c. 734, §2 (NEW).][PL 1987, c. 734, §2 (NEW).] 2.  Transfer irrevocable.  A transfer made pursuant to section 1660 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 Act, 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 Act.   [PL 1989, c. 502, Pt. A, §118 (AMD).] 3.  Grant of power.  By making a transfer, the transferor incorporates in the disposition all the provisions of this Act, and grants to the custodian and to any 3rd person dealing with a person designated as custodian, the respective powers, rights and immunities provided by this Act.   [PL 1987, c. 734, §2 (NEW).] SECTION HISTORY PL 1987, c. 734, §2 (NEW). PL 1989, c. 502, §A118 (AMD).
33 ME Rev Stat § 1663 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1663. Care of custodial property

 §1663. Care of custodial property 1.  Duties.  A custodian shall:   A. Take control of custodial property;   [PL 1987, c. 734, §2 (NEW).]B. Register or record title to custodial property if appropriate; and   [PL 1987, c. 734, §2 (NEW).]C. Collect, hold, manage, invest and reinvest custodial property.   [PL 1987, c. 734, §2 (NEW).][PL 1987, c. 734, §2 (NEW).] 2.  Standard of care.  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 law 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. 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.   [PL 1987, c. 734, §2 (NEW).] 3.  Insurance investment.  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.   [PL 1987, c. 734, §2 (NEW).] 4.  Identification of custodial property.  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 Maine Uniform Transfers to Minors Act."   [PL 1987, c. 734, §2 (NEW).] 5.  Records.  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 14 years of age.   [PL 1987, c. 734, §2 (NEW).] SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1664 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1664. Powers of custodian

 §1664. Powers of custodian 1.  Custodial capacity.  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.   [PL 1987, c. 734, §2 (NEW).] 2.  Liability.  This section does not relieve a custodian from liability for breach of section 1663.   [PL 1987, c. 734, §2 (NEW).] SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1665 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1665. Use of custodial property

 §1665. Use of custodial property 1.  Standard for expenditure of property.  A custodian may deliver or pay to the minor or expend for the minor's benefit as 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 the purpose.   [PL 1987, c. 734, §2 (NEW).] 2.  Court may order expenditure.  On petition of an interested person or the minor, if the minor has attained 14 years of age, the court may order the custodian to deliver or pay to the minor or expend for the minor's benefit as much of the custodial property as the court considers advisable for the use and benefit of the minor.   [PL 1987, c. 734, §2 (NEW).] 3.  Support of 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.   [PL 1987, c. 734, §2 (NEW).] SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1666 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1666. Custodian's expenses, compensation and bond

 §1666. Custodian's expenses, compensation and bond 1.  Reimbursement.  A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties.   [PL 1987, c. 734, §2 (NEW).] 2.  Compensation.  Except for one who is a transferor under section 1655, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.   [PL 1987, c. 734, §2 (NEW).] 3.  Bond.  Except as provided in section 1669, subsection 6, a custodian need not give a bond.   [PL 1987, c. 734, §2 (NEW).] SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1667 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1667. Exemption of 3rd person from liability

 §1667. Exemption of 3rd person from liability A 3rd 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:   [PL 1987, c. 734, §2 (NEW).]1.  Designation.  The validity of the purported custodian's designation;   [PL 1987, c. 734, §2 (NEW).] 2.  Authority to act.  The propriety of, or the authority under this Act for, any act of the purported custodian;   [PL 1987, c. 734, §2 (NEW).] 3.  Validity of instruments.  The validity or propriety under this Act of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian; or   [PL 1987, c. 734, §2 (NEW).] 4.  Application of property.  The propriety of the application of any property of the minor delivered to the purported custodian.   [PL 1987, c. 734, §2 (NEW).] SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1668 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1668. Liability to 3rd person

 §1668. Liability to 3rd person 1.  Claim against property.  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.   [PL 1987, c. 734, §2 (NEW).] 2.  Restrictions on custodian liability.  A custodian is not personally liable:   A. 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   [PL 1987, c. 734, §2 (NEW).]B. For an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault.   [PL 1987, c. 734, §2 (NEW).][PL 1987, c. 734, §2 (NEW).] 3.  Restrictions on liability of minor.  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.   [PL 1987, c. 734, §2 (NEW).] SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1670 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1670. Accounting by and determination of liability of custodian

 §1670. Accounting by and determination of liability of custodian 1.  Petition for accounting.  A minor who has attained 14 years of age, 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 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 1668 to which the minor or the minor's legal representative was a party.   [PL 1987, c. 734, §2 (NEW).] 2.  Accounting by predecessor custodian.  A successor custodian may petition the court for an accounting by the predecessor custodian.   [PL 1987, c. 734, §2 (NEW).] 3.  Court proceeding.  The court, in a proceeding under this Act or in any other proceeding, may require or permit the custodian or the custodian's legal representative to account.   [PL 1987, c. 734, §2 (NEW).] 4.  Court to require accounting of removed custodian.  If a custodian is removed under section 1669, subsection 1, 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.   [PL 1987, c. 734, §2 (NEW).] 5.  Accounting required at termination.  Prior to the termination of the custodian's responsibilities, the custodian shall account to the court and the minor.   [PL 1991, c. 641, §5 (NEW).] SECTION HISTORY PL 1987, c. 734, §2 (NEW). PL 1991, c. 641, §5 (AMD).
33 ME Rev Stat § 1671 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1671. Termination of custodianship

 §1671. 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:   [PL 1987, c. 734, §2 (NEW).]1.  Transferor's option.  The minor's attainment of 18 years of age with respect to custodial property transferred under section 1655 or 1656, unless the transferor has specified in writing in the transferring instrument that the transfer shall not occur until the minor attains a later age, not to exceed 21 years of age. The following words or their substantial equivalent must appear in the transferring instrument:"The custodian shall transfer................ (description of property) to.............(name of minor) when........(he or she) reaches the age of..................(age at which transfer will occur);"  [PL 1987, c. 734, §2 (NEW).] 2.  Attainment of majority.  The minor's attainment of majority under the laws of this State other than this Act with respect to custodial property transferred under section 1657 or 1658; or   [PL 1987, c. 734, §2 (NEW).] 3.  Death.  The minor's death.   [PL 1987, c. 734, §2 (NEW).] SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1672 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1672. Applicability

 §1672. Applicability This Act applies to a transfer within the scope of section 1653 made after its effective date if:   [PL 1987, c. 734, §2 (NEW).]1.  Reference to prior Act.  The transfer purports to have been made under the Uniform Gifts to Minors Act of this State; or   [PL 1989, c. 502, Pt. A, §119 (AMD).] 2.  Reference to Uniform Gifts to Minors Act of any other state.  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 Act is necessary to validate the transfer.   [PL 1987, c. 734, §2 (NEW).] SECTION HISTORY PL 1987, c. 734, §2 (NEW). PL 1989, c. 502, §A119 (AMD).
33 ME Rev Stat § 1673 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1673. Effect on existing custodianships

 §1673. Effect on existing custodianships 1.  Transfers validated.  Any transfer of custodial property as defined in this Act made before the effective date of this Act is validated notwithstanding that there was no specific authority in chapter 19 for the coverage of custodial property of that kind or for a transfer from that source at the time the transfer was made.   [PL 1987, c. 734, §2 (NEW).] 2.  Application.  This Act applies to all transfers made before the effective date of this Act in a manner and form prescribed in chapter 19, except insofar as the application impairs constitutionally vested rights or extends the duration of custodianships in existence on the effective date of this Act.   [PL 1987, c. 734, §2 (NEW).] 3.  Terminated custodianship.  Sections 1652 and 1671 with respect to the age of a minor for whom custodial property is held under this Act do not apply to custodial property held in a custodianship that terminated because of the minor's attainment of 18 years of age after September 1, 1984, and before the effective date of this Act.   [PL 1987, c. 734, §2 (NEW).] SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1674 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT|33 §1674. Uniformity of application and construction

 §1674. Uniformity of application and construction This Act shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this Act among states enacting it.   [PL 1987, c. 734, §2 (NEW).]SECTION HISTORY PL 1987, c. 734, §2 (NEW).
33 ME Rev Stat § 1701 (2021)
2021 Maine Revised Statutes|TITLE 33: PROPERTY|Chapter 33: UNCLAIMED BAGGAGE AND MERCHANDISE|33 §1701. Merchandise unclaimed for 6 months, sold to pay charges

 §1701. Merchandise unclaimed for 6 months, sold to pay charges Whenever baggage, goods, merchandise, packages or parcels transported by any railroad, steamboat, express company or stage company existing by virtue of the laws of this State remain unclaimed for 6 months after its arrival at the point to which it shall have been directed, the same may be sold at auction in the city or town where the railroad, steamboat, express company or stage company has its general or principal office or any freight house. Whenever baggage, goods, merchandise, packages or parcels transported by any railroad, steamboat, express company or stage company not existing by virtue of the laws of this State and having no office or president, treasurer, clerk or general superintendent within this State, but doing business in this State, remain unclaimed for 6 months after its arrival at the point to which it shall have been directed, the same may be sold at auction to pay the charges thereon and the expense of advertising and selling.   [PL 1987, c. 490, §1 (NEW).]SECTION HISTORY PL 1987, c. 490, §C1 (NEW).