Question: Which statement is TRUE about accounts opened under the Uniform Gifts to Minors Act? A Any adult can open a custodial account for a minor
Which statement is TRUE about accounts opened under the Uniform Gifts to Minors Act?
A
Any adult can open a custodial account for a minor
Only a relative of the minor may open a custodial account for a minor
Only a parent of the minor may open a custodial account for a minor
Only a minor may open a custodial account for a minor
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