{"data":{"id":"us-wi/wis.-stat.-54.986","jurisdiction":"us-wi","citation":"Wis. Stat. § 54.986","heading":"Applicable law.","body":"(1) Sections 54.950 to 54.988 apply to a transfer or declaration creating a custodial trust that refers to this subchapter if, at the time of the transfer or declaration, the transferor, beneficiary or custodial trustee is a resident of or has its principal place of business in this state or custodial trust property is located in this state. The custodial trust remains subject to this subchapter despite a later change in residence or principal place of business of the transferor, beneficiary or custodial trustee, or removal of the custodial trust property from this state.\n(2) A transfer made pursuant to a law of another state substantially similar to this subchapter is governed by the law of that state and may be enforced in this state.","path":["Chs. 46-58, Charitable, Curative, Reformatory and Penal Institutions and Agencies","Chapter 54 Guardianships And Conservatorships","SUBCHAPTER VII UNIFORM GUARDIANSHIP ACTS"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/54.986","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:00:28Z","sha256":"4a17ce9944dfc0ba8f90d8d08c7c9ef518919fb8424dd3421e30961824d00e58","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-54.984","next":"us-wi/wis.-stat.-54.988"},"notice":"GroundRules: Original legal text. Not legal advice."}