New Jersey Statutes 46:38A-21. Control of custodial property
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Terms Used In New Jersey Statutes 46:38A-21
- 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
- Transferor: means a person who makes a transfer under this chapter. See New Jersey Statutes 46:38A-2
A transferor shall place the custodian in control of the custodial property as soon as practical.
L. 1987, c. 18, s. 1.