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Simple English definitions for legal terms

custodian

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A quick definition of custodian:

A custodian is a person who takes care of something. For example, a custodian can be someone who takes care of a child's money until they are old enough to use it. In bankruptcy, a custodian is someone who is appointed to take care of a person's property to help pay off their debts.

A more thorough explanation:

A custodian is a person who is responsible for taking care of something. This can include managing property or assets, enforcing liens, or general administration of property for the benefit of creditors.

  • Under the Uniform Transfers to Minors Act (UTMA) and Uniform Gifts to Minors Act (UGMA), a custodian is a person named to manage property left or given to a child until they reach the age specified by state law.
  • In the context of bankruptcy, a custodian can be a receiver, trustee, assignee, or agent appointed to take charge of property for the purpose of enforcing a lien or general administration for the benefit of creditors.
  • A school custodian is responsible for maintaining and cleaning the school building and grounds.

These examples illustrate how a custodian can have different responsibilities depending on the context. In all cases, however, a custodian is someone who has been entrusted with the care and management of something valuable.

custodial parent | custody

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crabapple
20:21
Maybe May
20:24
I betta
20:30
upload via catbox: https://catbox.moe/
crabapple
20:46
Hawk Utah. Admit me to that law school thang!
got a 161 finally
22:36
@DistinctAcceptableSeagull: congrats
It’s been 4 weeks and 2 days since I submitted my application and I am tired of being disappointed by quora email notifications
does anyone know of an American University (AUWCL) admitted student group chat?
EquallySneakyDachshund
10:56
Is anyone else waiting on ten schools and need to put deposit down for their other schools they aren't sure of yet? I can't wait u til April to get more acceptances! Gotta lay that deposit and possibly lose money if I get ad
EquallySneakyDachshund
10:56
Admitted at my top choice
DesertedSparklingFox
11:00
NOICE!!
11ama
16:34
@EquallySneakyDachshund: You can ask them politely, to extend your seat deposit deadline.
crabapple
20:06
I wish there was a llama here but there's only a 11ama
CheeseIsMyLoveLanguage
20:34
@EquallySneakyDachshund: Scroll down to Commitments. https://www.lsac.org/about/lsac-policies/statement-good-admission-and-financial-aid-practices
21:42
Aztec legend says whenever you drink an agave spirit a rabbit inhabits your soul for the time being. I have consumed 5 tequilas. I wonder what rabbits are in me.
crabapple
22:01
Me 😛
23:17
Spooooky crab apple
11ama
13:19
@JuicyApple: Ah the good ole navyhato; where you go to learn about the world around you and leave wanting to remove yourself from contemporary society. TLDR, do not watch unless you wish to live /inawoods
11ama
13:22
@crabapple: I wish there was a bunny here but there is only a rotten bitter mini fruit cosplaying as an apple
13:49
Indeed! Meant to say BPS before. Navyhato, now that's a name I haven't heard in years.
13:50
Imagine getting stuck in the freaky elevator: https://www.instagram.com/reel/DFa1_OwSj7e/
11ama
13:52
@JuicyApple: Is he still livin it up in Japan or is he in his woodland bunker?
14:09
@11ama: I think Japan but no idea really
11ama
18:46
Have you ever wondered what the web was like in '96? Wonder no longer, here is the first online campaign site: https://www.dolekemp96.org/ and here is what a site likely looked like in '78 https://www.berkshirehathaway.com/
20:48
I wish I could show you the website I had to upload my mom's tax documents to the other day. Shit looked just as ancient.
rosythecat
4:30
who up rn chillin
BluePacedCephalopod
9:21
the nerve of washu waiting until march to waitlist people and then use this line in the email "The Committee is dedicated to providing transparent decisions as promptly as possible so that you can make fully informed decisions." like you can waitlist me but don't lie to me too
JefferyThugger
9:32
i watch my grandpa say penis
what schools usually do waves on Mondays?
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