§58-1221.

§58-1221.
   
   A. The custodian shall transfer in an appropriate manner the custodial
   property to the minor, the minor's estate, or the minor's beneficiary
   as prescribed in paragraph 2 of subsection A of Section 1210 of this
   title upon the earlier of:
   
   1. The minor's attainment of eighteen (18) years of age with respect
   to custodial property transferred pursuant to the provisions of
   Section 1205 or 1206 of this title, unless the transfer is delayed
   pursuant to subsection B of this section; or
   
   2. The minor's attainment of majority pursuant to the laws of this
   state with respect to custodial property transferred pursuant to the
   provisions of Section 1207 or 1208 of this title; or
   
   3. The minor's death.
   
   B. A transfer required by paragraph 1 of subsection A of this section
   may be delayed until a specified time after the minor attains eighteen
   (18) years of age but not later than when the minor attains twenty-one
   (21) years of age. The time for a transfer pursuant to this subsection
   must be specified at the time of the transfer whether made under
   Section 1210 of this title or by will or trust and shall be in
   substantially the following words: "The custodian shall transfer this
   property to (name of minor) [on (specified date)] [when (he or she)
   reaches the age of (age, after eighteen (18) years and at or before
   twenty-one (21) years)]."