46:38-16. Custodial gift
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/nj/title-46/chapter-38/46-38-16A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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L. 1963, c. 177, s.4; repealed R.S. 46:38A-57 (effective July 1, 2007).