A custodian who holds money for the benefit of a minor under the Uniform Gifts to Minors Act may choose to use the money to send the minor to summer camp.

Question

Quizplus · Accepted Answer

Under the Uniform Gifts to Minors Act, a custodian has the authority to use the money for the minor's "support, maintenance, education, or benefit," which could potentially include summer camp expenses.

A Custodian Who Holds Money for the Benefit of a Minor