House Bill No. 5880

Public Act No. 00-78

An Act Concerning The Receipt Or Use Of Property Belonging To A Minor.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 45a-631 of the general statutes is repealed and the following is substituted in lieu thereof:

(a) A parent of a minor, guardian of the person of a minor or spouse of a minor shall not receive or use any property belonging to the minor in an amount exceeding [five] ten thousand dollars in value unless appointed guardian of the estate of the minor, [. Such] except that such parent, guardian or spouse may hold property as a custodian under the provisions of sections 45a-557 to 45a-560b, inclusive, without being so appointed.

(b) A release given by both parents or by the parent who has legal custody of a minor or by the guardian or spouse shall, if the amount does not exceed [five] ten thousand dollars in value, be valid and binding upon the minor.

Approved May 16, 2000