New Hampshire § 463-A:7 Transfer by Obligor

New Hampshire Statutes

§ 463-A:7 — Transfer by Obligor

New Hampshire § 463-A:7

Title XLIVGUARDIANS AND CONSERVATORS

Ch. 463-AUNIFORM TRANSFERS TO MINORS ACT

This text of New Hampshire § 463-A:7 (Transfer by Obligor) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 463-A:7 (2026).

Text

I.Subject to paragraphs II and III, a person not subject to RSA 463-A:5 or 6 who holds property of or owes a liquidated debt to a minor not having a conservator may make an irrevocable transfer to a custodian for the benefit of the minor pursuant to RSA 463-A:9.

II.If a person having the right to do so under RSA 463-A:3 has nominated a custodian under that section to receive the custodial property, the transfer must be made to that person.

III.If no custodian has been nominated under RSA 463-A:3, or all persons so nominated as custodian die before the transfer or are unable, decline, or are ineligible to serve, a transfer under this section may be made to an adult member of the minor's family or to a trust company unless the property exceeds $10,000 in value.

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I. Subject to paragraphs II and III, a person not subject to RSA 463-A:5 or 6 who holds property of or owes a liquidated debt to a minor not having a conservator may make an irrevocable transfer to a custodian for the benefit of the minor pursuant to RSA 463-A:9.
II. If a person having the right to do so under RSA 463-A:3 has nominated a custodian under that section to receive the custodial property, the transfer must be made to that person.
III. If no custodian has been nominated under RSA 463-A:3, or all persons so nominated as custodian die before the transfer or are unable, decline, or are ineligible to serve, a transfer under this section may be made to an adult member of the minor's family or to a trust company unless the property exceeds $10,000 in value.