New Jersey § 46:38A-24 Transfer deemed irrevocable and vested in minor subject to rights, powers, duties and authority of custodian

New Jersey Statutes

§ 46:38A-24 — Transfer deemed irrevocable and vested in minor subject to rights, powers, duties and authority of custodian

New Jersey § 46:38A-24

Title 46PROPERTY

This text of New Jersey § 46:38A-24 (Transfer deemed irrevocable and vested in minor subject to rights, powers, duties and authority of custodian) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 46:38A-24 (2026).

Text

A transfer made pursuant to R.S. 46:38A-19 is irrevocable, and the custodial property is indefeasibly vested in the minor, but the custodian has all the rights, powers, duties, and authority provided in this chapter, and neither the minor nor the minor's legal representative has any right, power, duty, or authority with respect to the custodial property except as provided in this chapter. L. 1987, c. 18, s. 1.

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A transfer made pursuant to R.S. 46:38A-19 is irrevocable, and the custodial property is indefeasibly vested in the minor, but the custodian has all the rights, powers, duties, and authority provided in this chapter, and neither the minor nor the minor's legal representative has any right, power, duty, or authority with respect to the custodial property except as provided in this chapter. L. 1987, c. 18, s. 1.