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This entry was published on 2014-09-22
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SECTION 7-6.19
Accounting by and determination of liability of custodian
Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 7, PART 6
§ 7-6.19 Accounting by and determination of liability of custodian

(a) A minor who has attained the age of fourteen years, the minor's
guardian or legal representative, an adult member of the minor's family,
a transferor, or a transferor's legal representative may petition the
court (1) for an accounting by the custodian or the custodian's legal
representative; or (2) for a determination of responsibility, as between
the custodial property and the custodian personally, for claims against
the custodial property unless the responsibility has been adjudicated in
an action under 7-6.17 to which the minor or the minor's legal
representative was a party.

(b) A successor custodian may petition the court for an accounting by
the predecessor custodian.

(c) The court, in a proceeding under this part or in any other
proceeding, may require or permit the custodian or the custodian's legal
representative to account.

(d) If a custodian is removed under paragraph (f) of 7-6.18, the court
shall require an accounting and order delivery of the custodial property
and records to the successor custodian and the execution of all
instruments required for transfer of the custodial property.