Act No. 6423 (24th Legislature)
ACT NO.6423 BILL NO 24-0072 TWENTY-FOURTH LEGISLATURE OF THE VIRGIN ISLANDS OF THE UNITED STATES Regular Session 2001 To amend title 15, Virgin Islands Code, to provide for the enactment of the “Virgin Islands Uniform Transfers to Minors Act” and for other purposes related thereto ---0--- BE IT ENACTED by the Legislature of the Virgin Islands: SECTION 1. Title 15, Virgin Islands Code, is amended by repealing Chapter 61 and adding a new Chapter 62 thereto to read as follows: “Chapter 62. Virgin Islands Uniform Transfers to Minors Act §125la. Short title This Chapter may be cited as the “Virgin Islands Uniform Transfer to Minors Act.” §1251b. Definitions In this Chapter: (a) “Adult” means an individual who has attained the age of 18 years. (b) “Benefit plan” means an employer’s plan for the benefit of an employee or partner. (c) “Broker” means a person lawfully engaged in the business of effecting transactions in securities or commodities for the person’s own account or for the account of others. (d) “Court” means the Territorial Court of the Virgin Islands. …
Download the original document · Browse the archive · How this archive works
Archive identifier LF-f47f84f0002d