Maine Statutes
§ 33 §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.
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.
3.Suppor
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Legislative History
PL 1987, c. 734, §2 (NEW).
Nearby Sections
15
§ 33 §160
-- mortgage or trust§ 33 §1601-101
Short title§ 33 §1601-102
Applicability§ 33 §1601-103
Definitions§ 33 §1601-104
Variation by agreement§ 33 §1601-105
Separate titles and taxation§ 33 §1601-106
Applicability of local laws and regulations§ 33 §1601-107
Eminent Domain§ 33 §1601-108
Supplemental general principles of law applicable§ 33 §1601-109
Construction against implicit repeal§ 33 §1601-110
Uniformity of application and construction§ 33 §1601-111
Severability§ 33 §1601-112
Unconscionable agreement or term of contract§ 33 §1601-113
Obligation of good faith§ 33 §1601-114
Remedies to be liberally administered