New Jersey § 46:38A-7 When custodianship becomes effective under revocable nomination of custodian

New Jersey Statutes

§ 46:38A-7 — When custodianship becomes effective under revocable nomination of custodian

New Jersey § 46:38A-7

Title 46PROPERTY

This text of New Jersey § 46:38A-7 (When custodianship becomes effective under revocable nomination 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-7 (2026).

Text

The nomination of a custodian under R.S. 46:38A-6 does not create custodial property until the nominating instrument becomes irrevocable or a transfer to the nominated custodian is completed under R.S. 46:38A-19. Unless the nomination of a custodian has been revoked, upon the occurrence of the future event the custodianship becomes effective and the custodian shall enforce a transfer of the custodial property pursuant to R.S. 46:38A-19. L. 1987, c. 18, s. 1.

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The nomination of a custodian under R.S. 46:38A-6 does not create custodial property until the nominating instrument becomes irrevocable or a transfer to the nominated custodian is completed under R.S. 46:38A-19. Unless the nomination of a custodian has been revoked, upon the occurrence of the future event the custodianship becomes effective and the custodian shall enforce a transfer of the custodial property pursuant to R.S. 46:38A-19. L. 1987, c. 18, s. 1.