{"data":{"id":"us-dc/d.c.-code-21-307","jurisdiction":"us-dc","citation":"D.C. Code § 21-307","heading":"Transfer by obligor.","body":"(a)\nSubject to subsection (b) and (c) of this section, a person not subject to section 21-305 or 21-306 and 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 section 21-309.\n\n(b)\nIf a person having the right to do so under section 21-303 has nominated a custodian under that section to receive the custodial property, then the transfer must be made to that person.\n\n(c)\nWith the exception of section 21-120, if no custodian has been nominated under section 21-303, or if all persons so nominated as custodian die before the transfer or are unable, decline, or are ineligible to serve, then 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 $10,000 in value.","path":["Title 21. Fiduciary Relations and Persons with Mental Illness. [Enacted title]","Chapter 3. Transfers to Minors; Uniform Law."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/21-307","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"07b4d0e1bb9b54700ddb90d95bd2e7b8d0aea06350b4fd1d3bee4efd3510d9a6","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-21-306","next":"us-dc/d.c.-code-21-308"},"notice":"GroundRules: Original legal text. Not legal advice."}