North Dakota § 47-24.1-22 Effect on existing custodianships

North Dakota Statutes

§ 47-24.1-22 — Effect on existing custodianships

North Dakota § 47-24.1-22

Title 47Property

Ch. 47-24.1Uniform Transfers to Minors Act

This text of North Dakota § 47-24.1-22 (Effect on existing custodianships) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 47-24.1-22 (2026).

Text

1.Any transfer of custodial property as now defined in this chapter made before July 1, 1985, is validated notwithstanding that there was no specific authority in the North Dakota Uniform Gifts to Minors Act for the coverage of custodial property of that kind or for a transfer from that source at the time the transfer was made.

2.This chapter applies to all transfers made before July 1, 1985, in a manner and form prescribed in the North Dakota Uniform Gifts to Minors Act, except insofar as the application impairs constitutionally vested rights or extends the duration of custodianships in existence on July 1, 1985.

3.Sections 47-24.1-01 and 47-24.1-20 with respect to the age of a minor for whom custodial property is held under this chapter do not apply to custodial property held in a cus

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1. Any transfer of custodial property as now defined in this chapter made before July 1,
1985, is validated notwithstanding that there was no specific authority in the North
Dakota Uniform Gifts to Minors Act for the coverage of custodial property of that kind
or for a transfer from that source at the time the transfer was made.
2. This chapter applies to all transfers made before July 1, 1985, in a manner and form
prescribed in the North Dakota Uniform Gifts to Minors Act, except insofar as the
application impairs constitutionally vested rights or extends the duration of
custodianships in existence on July 1, 1985.
3. Sections 47-24.1-01 and 47-24.1-20 with respect to the age of a minor for whom
custodial property is held under this chapter do not apply to custodial property held in
a custodianship that terminated because of the minor's attainment of the age of
eighteen before July 1, 1985.