New Jersey Statutes 46:38A-10. Transfer under will or trust; transfer to be made to nominated custodian
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Terms Used In New Jersey Statutes 46:38A-10
- Custodial property: means any interest in property transferred to a custodian under this chapter and the income from and proceeds of that interest in property. See New Jersey Statutes 46:38A-2
- Custodian: means a person so designated under R. See New Jersey Statutes 46:38A-2
- Person: means an individual, corporation, organization, or other legal entity. See New Jersey Statutes 46:38A-2
- Testator: A male person who leaves a will at death.
- Transfer: means a transaction that creates custodial property under R. See New Jersey Statutes 46:38A-2
If the testator or the settlor of a trust has nominated a custodian under R.S. 46:38A-6 to receive the custodial property, the transfer shall be made to that person.
L. 1987, c. 18, s. 1.