{"data":{"id":"us-ct/conn.-gen.-stat.-45a-558d","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 45a-558d","heading":"Transfer by obligor.","body":"(a) Subject to subsections (b) and (c) of this section, a person not subject to section 45a-558b or 45a-558c who holds property of or owes a liquidated debt to a minor not having a guardian may make an irrevocable transfer to a custodian for the benefit of the minor pursuant to section 45a-558f.\n(b) If a person having the right to do so under section 45a-558 has nominated a custodian under that section to receive the custodial property, the transfer shall be made to that person.\n(c) If no custodian has been nominated under section 45a-558, or all persons so nominated as 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 five thousand dollars in value, in which case Probate Court approval is required. For purposes of this subsection, a series of transfers shall be aggregated so that the five-thousand-dollar threshold for court approval cannot be circumvented.\n(d) This section does not authorize a guardian, existing custodian or custodian to whom an obligor makes a transfer under this section to settle, release or compromise a claim of the minor or a debt owed to the minor.","path":["TITLE 45a. PROBATE COURTS AND PROCEDURE","CHAPTER 802d. CONNECTICUT UNIFORM TRANSFERS TO MINORS ACT"],"source_url":"https://www.cga.ct.gov/current/pub/chap_802d.htm#sec_45a-558d","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:15Z","sha256":"7adb025b67fa53d6f2447769fa2b078c7dafa7545351060b8fa0f9ae0bb9611b","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-45a-558c","next":"us-ct/conn.-gen.-stat.-45a-558e"},"notice":"GroundRules: Original legal text. Not legal advice."}