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November 21, 2024 Clouds | 46°F
The 193rd General Court of the Commonwealth of Massachusetts

Section 19: Accounting by and determination of liability of custodian

Section 19. (a) A minor who has attained the age of fourteen years, the minor's guardian, an adult member of the minor's family, a transferor, or a transferor's legal representative may petition the court (i) for an accounting by the custodian or the custodian's legal representative; or (ii) for a determination of responsibility, as between the custodial property and the custodian personally, for claims against the custodial property unless the responsibility has been adjudicated in an action under section seventeen to which the minor or the minor's legal representative was a party.

(b) A successor custodian may petition the court for an accounting by the predecessor custodian.

(c) The court, in a proceeding under this chapter or in any other proceeding, may require or permit the custodian or the custodian's legal representative to account.

(d) If a custodian is removed under paragraph (f) of section eighteen, the court shall require an accounting and order transfer of possession or control of the custodial property and records to the successor custodian and the execution of all instruments required for transfer of the custodial property.