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Uniform Transfers to Minors Act (UTMA) |
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Uniform Transfers to Minors Act (UTMA)A law similar to the Uniform Gifts to Minors Act that extends the definition of gifts to include real estate, paintings, royalties, and patents.Uniform Transfers to Minors Act (UTMA) Similar MatchesElectronic depository transfersElectronic depository transfersThe transfer of funds between bank accounts through the Automated Clearing House (ACH) system. Official unrequited transfersOfficial unrequited transfersInclude a variety of subsidies, military aid, voluntary cancellation of debt, contributions to international organizations, indemnities imposed under peace treaties, technical assistance, taxes, or fines. TransfersTransferstransfer payments. |
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