46:38A-23. Validity of transfer
97 words·~1 min read·
/nj/title-46/chapter-38a/46-38a-23·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.