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Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Transfers to Minors Act

See UNIFORM TRANSFERS TO MINORS ACT.

Uniform Transfers to Minors Act

A uniform law - adopted by most states - providing for the transfer of property to a minor, permitting a custodian acting in a fiduciary capacity to manage investments and apply the income from the property for the minor's support. -Abbr. UTMA. - Also termed Transfers to Minors Act. - Formerly also termed Uniform Gifts to Minors Act (UGMA); Gifts to Minors Act.