SMITH BY ROSEN v. Smith

I

The primary issue in this appeal is whether the plaintiff’s evidence was sufficient to establish a claim for alleged conversion of funds under Code § 31-38, which is a part of the Virginia Uniform Transfers to Minors Act.

n.

Ryan E. Smith, by her next friend and parent, Nina Rosen, filed her motion for judgment against William C. Smith. Plaintiff alleged that the defendant, who is Ryan’s father, converted proceeds from the sale of bonds that he had placed in a custodial account with Merrill, Lynch, Pierce, Fenner & Smith, Inc., “pursuant to the former Uniform Gift[s] to Minors Act, former…