New Jersey Statutes 46:38A-53. Applicability of chapter
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Terms Used In New Jersey Statutes 46:38A-53
- Custodian: means a person so designated under R. See New Jersey Statutes 46:38A-2
- State: includes any state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, and any territory or possession subject to the legislative authority of the United States. See New Jersey Statutes 46:38A-2
- Transfer: means a transaction that creates custodial property under R. See New Jersey Statutes 46:38A-2
This chapter applies to a transfer within the scope of R.S. 46:38A-3, R.S. 46:38A-4 and R.S. 46:38A-5 made after its effective date if:
a. The transfer purports to have been made under the “New Jersey Uniform Gifts to Minors Act,” P.L. 1963, c. 177 (C. 46:38-13 et seq.); or
b. The instrument by which the transfer purports to have been made uses in substance the designation “as custodian under the Uniform Gifts to Minors Act” or “as custodian under the Uniform Transfers to Minors Act” of any other state, and the application of this chapter is necessary to validate the transfer.
L. 1987, c. 18, s. 1.