2005 Idaho Code - 68-822 — EFFECT ON EXISTING CUSTODIANSHIPS

                                  TITLE  68
                            TRUSTS AND FIDUCIARIES
                                  CHAPTER 8
                             TRANSFERS TO MINORS
    68-822.  EFFECT ON EXISTING CUSTODIANSHIPS. (1) Any transfer of custodial
property as now defined in this chapter made before July 1, 1984, is
validated, notwithstanding that there was no specific authority in the Uniform
Gifts to Minors Act of Idaho, for the coverage of custodial property of that
kind or for a transfer from that source at the time the transfer was made.
    (2)  The provisions of this chapter apply to all transfers made before the
effective date of this chapter, in a manner and form prescribed in the Uniform
Gifts to Minors Act of Idaho, except insofar as the application impairs
constitutionally vested rights or extends the duration of custodianships in
existence on the effective date of this chapter.
    (3)  Sections 68-801 and 68-820, Idaho Code, with respect to the age of a
minor for whom custodial property is held under this chapter, do not apply to
custodial property held in a custodianship that terminated because of the
minor's attainment of the age of eighteen (18) years after July 1, 1972 and
before July 1, 1984.