SENATE BILL NO. 287
AN ACT TO AMEND TITLE 12 RELATING TO THE DELAWARE UNIFORM TRANSFERS TO MINORS ACT.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE :
Section 1. Amend §4501, Title 12 of the Delaware Code by deleting subsection (8) thereof, and substituting the following new subsection (8):
“(8) ‘Guardian’ means a person appointed or qualified by a court to act as general, limited, or temporary guardian or conservator of a minor’s property.”
Section 2. Amend §4507(c), Title 12 of the Delaware Code by inserting after the word “property” as found in the first location therein, the word “exceeds”.
Approved June 24, 2004