Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
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.