New Jersey Statutes
§ 46:38A-23 — Validity of transfer
New Jersey·Title 46 PROPERTY
The validity of a transfer made in a manner prescribed in this chapter is not affected by: a. Failure of the transferor to comply with R.S. 46:38A-22 concerning possession and control; b. Designation of an ineligible custodian, except designation of the transferor in the case of property for which the transferor is ineligible to serve as custodian under R.S. 46:38A-19; or c. Death or incapacity of a person nominated under R.S. 46:38A-6 and R.S. 46:38A-7 or designated under R.S. 46:38A-19 as custodian or the disclaimer of the office by that person. L. 1987, c. 18, s. 1.
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Nearby Sections
15
§ 46:38A-1
Short title§ 46:38A-13
Transfers by a guardian§ 46:38A-15
Transfer by obligor§ 46:38A-16
Transfer by obligor; custodian nominated§ 46:38A-18
Receipt for custodial property§ 46:38A-19
Manner of creating custodial property and effecting transfer; designation of initial custodian§ 46:38A-2
Definitions§ 46:38A-21
Control of custodial property§ 46:38A-22
Single custodianship§ 46:38A-23
Validity of transfer