Section 3911 Of Part 9. California Uniform Transfers To Minors Act From California Probate Code >> Division 4. >> Part 9.
3911
. (a) The validity of a transfer made in a manner prescribed in
this part is not affected by any of the following:
(1) Failure of the transferor to comply with subdivision (c) of
Section 3909.
(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 subdivision (a) of Section
3909.
(3) Death or incapacity of a person nominated under Section 3903
or designated under Section 3909 as custodian, or the disclaimer of
the office by that person.
(b) A transfer made pursuant to Section 3909 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 part, and neither the minor nor the minor's legal
representative has any right, power, duty, or authority with respect
to the custodial property except as provided in this part.
(c) By making a transfer, the transferor incorporates in the
disposition all the provisions of this part 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 part.
(d) A person is not precluded from being a custodian for a minor
under this part with respect to some property because the person is a
conservator of the minor with respect to other property.
(e) A person who is the conservator of the minor is not precluded
from being a custodian for a minor under this part because the
custodial property has or will be transferred to the custodian from
the guardianship estate of the minor. In such case, for the purposes
of Section 3909, the custodian shall be deemed to be "an adult other
than the transferor."
(f) In the cases described in subdivisions (d) and (e), with
respect to the property transferred to the custodian, this part
applies to the extent it would apply if the person to whom the
custodial property is transferred were not and had not been a
conservator of the minor.