{"data":{"id":"us-ri/r.i.-gen.-laws-18-13-5","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 18-13-5","heading":"Transfer to custodial trustee by fiduciary or obligor — Facility of payment.","body":"(a) Unless otherwise directed by an instrument designating a custodial trustee pursuant to § 18-13-3, a person, including a fiduciary other than a custodial trustee, who holds property of or owes a debt to an incapacitated individual not having a conservator, may make a transfer to an adult member of the beneficiary’s family or to a trust company as custodial trustee for the use and benefit of the incapacitated individual. If the value of the property or the debt exceeds twenty thousand dollars ($20,000), the transfer is not effective unless authorized by the court.\n(b) A written acknowledgment of delivery, signed by a custodial trustee, is a sufficient receipt and discharge for property transferred to the custodial trustee pursuant to this section.","path":["Title 18 Fiduciaries","Chapter 13 Rhode Island Uniform Custodial Trust Act"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE18/18-13/18-13-5.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:56:09Z","sha256":"832c04cbf5b13da059ccab6a17681a4bf997d04865cc25c76aa15f8a88040356","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-18-13-4","next":"us-ri/r.i.-gen.-laws-18-13-6"},"notice":"GroundRules: Original legal text. Not legal advice."}