Wyoming § 34-13-120 Transfer by obligor

Wyoming Statutes

§ 34-13-120 — Transfer by obligor

Wyoming § 34-13-120

Title 34Property, Conveyances and Security Transactions

Ch. 13TRANSFERS TO MINORS

This text of Wyoming § 34-13-120 (Transfer by obligor) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 34-13-120 (2026).

Text

(a)Subject to subsections (b) and (c) of this section, a person not subject to W.S. 34-13-118 or 34-13-119 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 W.S. 34-13-122.

(b)If a person having the right to do so under W.S. 34-13-116(a) has nominated a future custodian to receive the custodial property, the transfer shall be made to that person.

(c)If no future custodian has been nominated, or all persons nominated as future 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 ten thousand dollars ($10,

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(a) Subject to subsections (b) and (c) of this section, a
person not subject to W.S. 34-13-118 or 34-13-119 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 W.S. 34-13-122.
(b) If a person having the right to do so under W.S.
34-13-116(a) has nominated a future custodian to receive the
custodial property, the transfer shall be made to that person.
(c) If no future custodian has been nominated, or all
persons nominated as future 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 ten
thousand dollars ($10,000.00) in value.