New Jersey Statutes 46:38A-20. Form of instrument to make certain transfers
Terms Used In New Jersey Statutes 46:38A-20
- 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
- Minor: means an individual who has not attained the age of 21 years. See New Jersey Statutes 46:38A-2
- Transfer: means a transaction that creates custodial property under R. See New Jersey Statutes 46:38A-2
- Transferor: means a person who makes a transfer under this chapter. See New Jersey Statutes 46:38A-2
“Transfer Under the New Jersey Uniform
Transfers to Minors Act
I, ……………………….. (name of transferor or name and representative capacity if a fiduciary) hereby transfer to ………………….. (name of custodian), as custodian for …………………… (name of minor) under the New Jersey Uniform Transfers to Minors Act, the following: (insert a description of the custodial property sufficient to identify it).
ated: …………………………………………………….
…………………………………………………………..
(Signature)
…………………….. (name of custodian) acknowledges receipt of the property described above as custodian for the minor named above under the New Jersey Uniform Transfers to Minors Act.
Dated: …………………………………………………….
…………………………………………………………..
(Signature of Custodian)”
Source: New.
P.L. 1987, c. 18, s.1..