MARVIN MANDEL, Governor                               189

REGISTERED FORM, A LIFE INSURANCE POLICY OR ANNUITY CON-
TRACT, OR AN INTEREST IN REAL PROPERTY, TO BE REGISTERED
IN THE NAME OF OR CONVEYED TO THE SUCCESSOR CUSTODIAN
FOLLOWED, IN SUBSTANCE, BY THE WORDS: "AS CUSTODIAN FOR

.......................UNDER THE MARYLAND UNIFORM GIFTS TO

(NAME Of MINOR)
MINORS ACT"; AND

(2) DELIVERS OR CAUSES TO BE DELIVERED TO THE
SUCCESSOR CUSTODIAN ANY OTHER ITEM OF THE CUSTODIAL
PROPERTY, TOGETHER WITH THE INSTRUMENT OF DESIGNATION OF
THE SUCCESSOR CUSTODIAN OR A TRUE COPY THEREOF AND ANY
ADDITIONAL INSTRUMENTS REQUIRED FOR THE TRANSFER THEREOF
TO THE SUCCESSOR CUSTODIAN.

(C) PUTTING CUSTODIAL PROPERTY IN POSSESSION OF
SUCCESSOR CUSTODIAN; TWO OR MORE INSTRUMENTS OF
DESIGNATION.

A CUSTODIAN WHO EXECUTES AN INSTRUMENT OF
DESIGNATION OF HIS SUCCESSOR CONTAINING THE CUSTODIAN'S
RESIGNATION AS PROVIDED IN SUBSECTION (A) SHALL PROMPTLY
DO ALL THINGS WITHIN HIS POWER TO PUT EACH ITEM OF THE
CUSTODIAL PROPERTY IN THE POSSESSION AND CONTROL OF THE
SUCCESSOR CUSTODIAN NAMED IN THE INSTRUMENT. THE LEGAL
REPRESENTATIVE OF A CUSTODIAN WHO DIES OR BECOMES LEGALLY
INCAPACITATES SHALL PROMPTLY DO ALL THINGS WITHIN HIS
POWER TO PUT EACH ITEM OF THE CUSTODIAL PROPERTY IN THE
POSSESSION AND CONTROL OF THE SUCCESSOR CUSTODIAN NAMED
IN AN INSTRUMENT OF DESIGNATION EXECUTED AS PROVIDED IN
SUBSECTION (A) BY THE CUSTODIAN OR, IF NONE, IN THE
POSSESSION AND CONTROL OF THE GUARDIAN OF THE MINOR IF HE
HAS A GUARDIAN. IF THE CUSTODIAN HAS EXECUTED AS
PROVIDED IN SUBSECTION (A) MORE THAN ONE INSTRUMENT OF
DESIGNATION, HIS LEGAL REPRESENTATIVE SHALL TREAT THE
INSTRUMENT DATED ON AN EARLIER DATE AS HAVING BEEN
REVOKED BY THE INSTRUMENT DATED ON A LATER DATE.

(D) INELIGIBILITY, DEATH OR INCAPACITY OF CUSTODIAN
OR SUCCESSOR CUSTODIAN.

IF A PERSON DESIGNATED AS CUSTODIAN OR AS SUCCESSOR
CUSTODIAN OR BY THE CUSTODIAN AS PROVIDED IN SUBSECTION
(A) IS NOT ELIGIBLE, DIES OR BECOMES LEGALLY
INCAPACITATED BEFORE THE MINOR ATTAINS THE AGE OF 18
YEARS, AND IF THE MINOR HAS A GUARDIAN, THE GUARDIAN OF
THE MINOR SHALL BE CUSTODIAN OR SUCCESSOR CUSTODIAN, IF
THE MINOS HAS NO GUARDIAN AND IF NO SUCCESSOR CUSTODIAN
WHO IS ELIGIBLE AND HAS NOT DIED OR BECOME LEGALLY
INCAPACITATED HAS BEEN DESIGNATED AS PROVIDED IN
SUBSECTION (A), A DONOR, HIS LEGAL REPRESENTATIVE, THE
LEGAL REPRESENTATIVE OF THE CUSTODIAN OR AN ADULT MEMBER
OF THE MINOR'S FAMILY, OR THE MINOR, IF HE HAS ATTAINED
THE AGE OF 14 YEARS, MAY PETITION THE COURT FOR THE