Section 30-2-8.6-19 - Terminating a custodial trust(a) Except as provided in subsection (b), a transferor may not terminate a custodial trust.(b) A custodial trust may be terminated by the beneficiary if the beneficiary is not incapacitated. In order to terminate the trust, the beneficiary must deliver to the custodial trustee a writing that:(1) is signed by the beneficiary; and(2) declares the termination of the custodial trust.(c) If not previously terminated, a custodial trust terminates on the death of the beneficiary.As added by P.L. 3-2003, SEC.1.