Gift of Unregistered Securities under the Uniform Gifts to Minors Act by pellcity27

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The Uniform Gift to Minors Act and the Uniform Transfer to Minors Act (UTMA) allow property to be given or transferred to a minor by delivering the property to a custodian. The custodian may use the property for the minor's benefit, education, and support. Under these Acts, a minor is usually entitled to possession of the property at age 21. A gift cannot be revoked once it is made in accordance with these Acts.

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									       Gift of Unregistered Securities under the Uniform Gifts to Minors Act

      I, (Name of Donor), of (street address, city, state, zip code), hereby deliver to
(Name of Custodian), of (street address, city, state, zip code), as Custodian for (Name
of Minor), a minor, of (street address, city, state, zip code), under the (Name of State)
Uniform Gifts to Minors Act, the following securities: (describe securities).

       Witness my signature this the ______ day of ________________, 20_____.



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