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Uniform Transfers to Minors Act (UTMA)

The financial definition for Uniform Transfers to Minors Act (UTMA):

A law similar to the Uniform Gifts to Minors Act that extends the definition of gifts to include real estate, paintings, royalties, and patents.




Similar Matches

Electronic depository transfers

Electronic depository transfers
The transfer of funds between bank accounts through the Automated Clearing House (ACH) system.


Official unrequited transfers

Official unrequited transfers
Include a variety of subsidies, military aid, voluntary cancellation of debt, contributions to international organizations, indemnities imposed under peace treaties, technical assistance, taxes, or fines.




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