§ 46:38A-1 Short title
§ 46:38A-2 Definitions
§ 46:38A-3 Scope of chapter
§ 46:38A-4 Jurisdiction over custodian
§ 46:38A-5 Choice of law
§ 46:38A-6 Revocable nomination of custodian based upon happening of future event
§ 46:38A-7 When custodianship becomes effective under revocable nomination of custodian
§ 46:38A-8 Transfer by gift or exercise of power of appointment
§ 46:38A-9 Transfer authorized by will or trust
§ 46:38A-10 Transfer under will or trust; transfer to be made to nominated custodian
§ 46:38A-11 Transfer under will or trust; custodian not nominated or dead, etc
§ 46:38A-12 Other transfers by personal representative or trustee
§ 46:38A-13 Transfers by a guardian
§ 46:38A-14 Conditions under which certain transfers may be made by a personal representative, trustee or guardian
§ 46:38A-15 Transfer by obligor
§ 46:38A-16 Transfer by obligor; custodian nominated
§ 46:38A-17 Transfer by obligor; custodian not nominated or dead, etc
§ 46:38A-18 Receipt for custodial property
§ 46:38A-19 Manner of creating custodial property and effecting transfer; designation of initial custodian
§ 46:38A-20 Form of instrument to make certain transfers
§ 46:38A-21 Control of custodial property
§ 46:38A-22 Single custodianship
§ 46:38A-23 Validity of transfer
§ 46:38A-24 Transfer deemed irrevocable and vested in minor subject to rights, powers, duties and authority of custodian
§ 46:38A-25 Transfer incorporates all provisions of chapter
§ 46:38A-26 Care of custodial property
§ 46:38A-27 Duty of care owed by custodian
§ 46:38A-28 Investment or payment of premiums on life insurance or endowment policies by custodian
§ 46:38A-29 Custodial property to be kept separate and distinct
§ 46:38A-30 Records to be kept by custodian
§ 46:38A-31 Powers of custodian
§ 46:38A-32 Use of custodial property by custodian for benefit of minor
§ 46:38A-33 Application to court for use of custodial property for benefit of minor
§ 46:38A-34 Use of custodial property for benefit of minor not to affect obligation to support minor
§ 46:38A-35 Custodian’s expenses
§ 46:38A-36 Custodian’s compensation
§ 46:38A-37 Custodian’s bond
§ 46:38A-38 Exemption of third person from liability
§ 46:38A-39 Liability to third persons generally
§ 46:38A-40 Liability of custodian to third persons
§ 46:38A-41 Liability of minor to third persons
§ 46:38A-42 Custodian declining to serve, designation of successor custodian
§ 46:38A-43 Designation of successor custodian by custodian
§ 46:38A-44 Resignation of custodian; notice; delivery of custodial property
§ 46:38A-45 Designation successor custodian when custodian is ineligible, dies or becomes incapacitated
§ 46:38A-46 Delivery of custodial property to successor custodian
§ 46:38A-47 Removal of custodian; bond
§ 46:38A-48 Accounting by and determination of liability of custodian
§ 46:38A-49 Accounting by predecessor custodian
§ 46:38A-50 Accounting required or permitted by the court
§ 46:38A-51 Accounting and order for delivery of custodial property upon removal of custodian
§ 46:38A-52 Termination of custodianship
§ 46:38A-53 Applicability of chapter
§ 46:38A-54 Validation of certain transfers
§ 46:38A-55 Construction
§ 46:38A-56 Reservation of power
§ 46:38A-57 Laws repealed
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Terms Used In New Jersey Statutes > Title 46 > Chapter 38A - New Jersey Uniform Transfers to Minors Act

  • Adult: means an individual who has attained the age of 21 years. See New Jersey Statutes 46:38A-2
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Broker: means a person lawfully engaged in the business of effecting transactions in securities or commodities for the person's own account or for the account of others. See New Jersey Statutes 46:38A-2
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Court: means the Superior Court. See New Jersey Statutes 46:38A-2
  • 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
  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Executor: A male person named in a will to carry out the decedent
  • Financial institution: means a bank, trust company, savings institution, savings and loan association or credit union, chartered and supervised under State or federal law. See New Jersey Statutes 46:38A-2
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • 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.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Legal representative: means an individual's personal representative or guardian. 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
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: means an individual, corporation, organization, or other legal entity. See New Jersey Statutes 46:38A-2
  • Personal representative: means an executor, administrator, successor personal representative of a decedent's estate or a person legally authorized to perform substantially the same functions but excludes a special administrator. 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
  • Statute: A law passed by a legislature.
  • territory: extends to and includes any territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
  • Testator: A male person who leaves a will at death.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • 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
  • Trust company: means a financial institution, corporation, or other legal entity, authorized to exercise general trust powers. See New Jersey Statutes 46:38A-2
  • Trustee: A person or institution holding and administering property in trust.