This chapter applies to a transfer within the scope of § 18-7-3 made after June 28, 1985, if the instrument by which the transfer purports to have
been made uses in substance the designation “as custodian under the Uniform Gifts
to Minors Act” or “as custodian under the Uniform Transfers to Minors Act” of any
other state, and the application of this chapter is necessary to validate the transfer.
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