Termination of custodianship · as in force on May 31, 2026
§ 7-6.20 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:
(a) the minor's attainment of twenty-one years of age with respect to custodial property transferred under 7-6.4 or 7-6.5;
(b) the minor's attainment of age eighteen or other statutory age of majority of New York with respect to custodial property transferred under 7-6.6 or 7-6.7; or
(c) the minor's death.
The custodian must transfer the property to the minor or the minor’s estate at the earliest of: age 21 for transfers under § 7-6.4 or § 7-6.5; age 18 or New York’s other statutory majority age for transfers under § 7-6.6 or § 7-6.7; or the minor’s death. ★
Marked in the text: penalties, time limits, sums of money. Editorial emphasis added by this edition; it does not appear in the statute as enacted.
This provision appears in Volume 1 — The Surrogate's Court in Plain English; Volume 3 — The Surrogate's Court: Court Rules & the EPTL; Volume 5 — Your Career: Surrogate's Court in Plain English.