New Jersey § 46:38A-43 Designation of successor custodian by custodian

New Jersey Statutes

§ 46:38A-43 — Designation of successor custodian by custodian

New Jersey § 46:38A-43

Title 46PROPERTY

This text of New Jersey § 46:38A-43 (Designation of successor custodian by 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-43 (2026).

Text

A custodian may, at any time, designate a trust company or an adult other than a transferor under R.S. 46:38A-8 as successor custodian by executing and dating an instrument of designation before a subscribing witness other than the successor. If the instrument of designation does not contain or is not accompanied by resignation of the custodian, the designation of the successor does not take effect until the custodian resigns, dies, becomes incapacitated, or is removed. L. 1987, c. 18, s. 1.

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A custodian may, at any time, designate a trust company or an adult other than a transferor under R.S. 46:38A-8 as successor custodian by executing and dating an instrument of designation before a subscribing witness other than the successor. If the instrument of designation does not contain or is not accompanied by resignation of the custodian, the designation of the successor does not take effect until the custodian resigns, dies, becomes incapacitated, or is removed. L. 1987, c. 18, s. 1.