68-801. DEFINITIONS. As used in this chapter:
(1) "Adult" means an individual who has attained the age of twenty-one
(21) years.
(2) "Benefit plan" means an employer's plan for the benefit of an em-
ployee or partner.
(3) "Broker" means a person lawfully engaged in the business of effect-
ing transactions in securities or commodities for the person's own account
or for the account of others.
(4) "Conservator" means a person appointed or qualified by a court to
act as general, limited, or temporary guardian of a minor's property or a
person legally authorized to perform substantially the same functions.
(5) "Court" means the district courts of the state of Idaho.
(6) "Custodial property" means (i) any interest in property trans-
ferred to a custodian under this chapter and (ii) the income from and
proceeds of that interest in property.
(7) "Custodian" means a person so designated under section 68-809,
Idaho Code, or a successor or substitute custodian designated under section
68-818, Idaho Code.
(8) "Financial institution" means a bank, trust company, savings and
loan association, or credit union, chartered and supervised under state or
federal law.
(9) "Legal representative" means an individual's personal representa-
tive or conservator.
(10) "Member of the minor's family" means the minor's parent, steppar-
ent, spouse, grandparent, brother, sister, uncle, or aunt, whether of the
whole or half blood or by adoption.
(11) "Minor" means an individual who has not attained the age of twenty-
one (21) years.
(12) "Person" means an individual, corporation, organization, or other
legal entity.
(13) "Personal representative" means an executor, administrator,
successor personal representative, or special administrator of a decedent's
estate or a person legally authorized to perform substantially the same
functions.
(14) "State" includes any state of the United States, the District of
Columbia, the Commonwealth of Puerto Rico, and any territory or possession
subject to the legislative authority of the United States.
(15) "Transfer" means a transaction that creates custodial property
under section 68-809, Idaho Code.
(16) "Transferor" means a person who makes a transfer under this chap-
ter.
(17) "Trust company" means a financial institution, corporation, or
other legal entity, authorized to exercise general trust powers.
[68-801, added 1984, ch. 152, sec. 2, p. 357.]