N.J. Stat. § 46:38-16: Custodial gift

A gift made on or after the effective date of this act in a manner prescribed in section 3 of this act is a "custodial gift" and as such is governed by this act. It is such whether or not the person designated custodian is eligible to serve, and whether or not there is a failure to comply with one or more sections of this act other than section 3.

L. 1963, c. 177, s.4; repealed R.S. 46:38A-57 (effective July 1, 2007).