Vermont § 3229 Accounting by and determination of liability of custodian

Vermont Statutes

§ 3229 — Accounting by and determination of liability of custodian

Vermont·Title 14 Title 14: Decedents' Estates and Fiduciary Relations·Ch. 115 Chapter 115: Vermont Uniform Transfers to Minors Act

(a)A minor who has attained 14 years of age, the minor’s financial guardian or legal representative, a guardian of the minor appointed pursuant to section 2628 or 2664 of this title, an adult member of the minor’s family, a transferor, or a transferor’s legal representative may petition the court:

(1)for an accounting by the custodian or the custodian’s legal representative; or

(2)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 3227 of this title to which the minor, the minor’s legal representative, or the minor’s financial guardian was a party.

(b)A successor custodian may petition the court for an accounting by the

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(a) A minor who has attained 14 years of age, the minor’s financial guardian or legal representative, a guardian of the minor appointed pursuant to section 2628 or 2664 of this title, an adult member of the minor’s family, a transferor, or a transferor’s legal representative may petition the court:
(1) for an accounting by the custodian or the custodian’s legal representative; or
(2) 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 3227 of this title to which the minor, the minor’s legal representative, or the minor’s financial guardian was a party.
(b) A successor custodian may petition the court for an accounting by the predecessor custodian.
(c) The court, in a proceeding under this chapter or in any other proceeding, may require or permit the custodian or the custodian’s legal representative to account.
(d) If a custodian is removed under subsection 3228(f) of this title, 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.

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