1. This chapter applies to a transfer that refers to this chapter in the designation
under section 565B.9, subsection 1, by which the transfer is made if at the time of the transfer, the transferor, the
minor, or the custodian is a resident of this state or the custodial property is located
in this state. The custodianship so created remains subject to this chapter despite a subsequent
change in residence of a transferor, the minor, or the custodian, or the removal of
custodial property from this state.
2. A person designated as custodian under this chapter is subject to personal jurisdiction
in this state with respect to any matter relating to the custodianship.
3. A transfer that purports to be made and which is valid under the uniform transfer
to minors Act, the uniform gifts to minors Act, or a substantially similar Act, of
another state is governed by the law of the designated state and may be executed and
is enforceable in this state if at the time of the transfer, the transferor, the minor,
or the custodian is a resident of the designated state or the custodial property is
located in the designated state.
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