New Jersey Statutes
§ 46:38-16 — Custodial gift
New Jersey·Title 46 PROPERTY
A gift made on or after the effective date of this act in a manner prescribed in section 3 of this act is a "custodial gift" and as such is governed by this act. It is such whether or not the person designated custodian is eligible to serve, and whether or not there is a failure to comply with one or more sections of this act other than section 3. L. 1963, c. 177, s.4; repealed R.S. 46:38A-57 (effective July 1, 2007).
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Nearby Sections
15
§ 46:38-13
Short title§ 46:38-14
Definitions§ 46:38-15
Gifts to minors§ 46:38-16
Custodial gift§ 46:38-17
Effect of custodial gift§ 46:38-18
Acceptance of custodianship; notice§ 46:38-19
Successor custodians; designation§ 46:38-21
Persons eligible to be custodians