Vermont § 3221 - Validity and effect of transfer
Full text of Vermont Vermont Statutes Online § 3221 — Validity and effect of transfer, with citation guidance and answers to common questions.
§ 3221. Validity and effect of transfer
- (a) The validity of a transfer made in a manner prescribed in this chapter is not affected
by: (1) failure of the transferor to comply with subsection 3219(c) of this title concerning possession and control; (2) designation of an ineligible custodian, except designation of the transferor in the
case of property for which the transferor is ineligible to serve as custodian under
subsection 3219(a) of this title; or (3) death or incapacity of a person nominated under section 3213 of this title or designated under section 3219 of this title as custodian or the disclaimer of the office by that person. (b) A transfer made pursuant to section 3219 of this title is irrevocable, and the custodial property is indefeasibly vested in the minor, but
the custodian has all the rights, powers, duties, and authority provided in this chapter,
and the minor, the minor’s legal representative, and the minor’s financial guardian
have no right, power, duty, or authority with respect to the custodial property except
as provided in this chapter. (c) By making a transfer, the transferor incorporates in the disposition all the provisions
of this chapter, and grants to the custodian, and to any third person dealing with
a person designated as custodian, the respective powers, rights, and immunities provided
in this chapter. (Added 2015, No. 7, § 1.)
Frequently Asked Questions About Vermont § 3221
What does Vermont Statutes Online § 3221 cover?
Section 3221 ("Validity and effect of transfer") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 3221?
A common citation format is "Vermont Statutes Online § 3221" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 3221 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.