New Jersey Statutes 46:38-33. Requiring custodian to give bond; removal of custodian; transfer of custodial property
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In New Jersey Statutes 46:38-33
- Donor: The person who makes a gift.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
Upon application of the donor, the legal representative of a donor, an adult member of the minor’s family, a guardian of the minor, or the minor if he has attained the age of 14 years, the court for cause shown may (1) require the custodian to give bond for the performance of his duties, or (2) remove the custodian and, if no person designated as successor custodian is then in being, designate a successor custodian, and (3) take such other action as it deems in the best interest of the minor.
If the court orders removal it shall provide for delivery of all custodial property to the successor custodian and the execution of all instruments required for the transfer thereof.
L.1963, c. 177, s. 21; repealed R.S. 46:38A-57 (effective July 1, 2007).