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#2279415 - 01/04/23 06:26 PM SCUGMA vs SCUTMA
Ann Offline
Platinum Poster
Joined: Jul 2001
Posts: 558
South Carolina
Referring to the repeal of Uniform Gift to Minors Act and adoption of Uniform Transfers to Minors Act....if you did not implement changes as of April 4th, 2022, did you re-disclose changes to existing customers? If so, how was this done? Letter to customer? Changing account with new
signature card?

Thank you for advising of your procedures!

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#2279452 - 01/05/23 03:48 PM Re: SCUGMA vs SCUTMA Ann
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,042
Cape Cod
It's nice to see that all 50 states and the D of C have adopted the UTMA in one form or another.
John S. Burnett
Fighting for Compliance since 1976
Bankers' Threads User #8

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