N.Y. Estates, Powers & Trusts Law § 7-6.2: Scope and jurisdiction

§ 7-6.2 Scope and jurisdiction

(a) This part applies to a transfer that refers to this part in the

designation under paragraph (a) of 7-6.9 by which the transfer is made

if at the time of the transfer, the transferor, the minor, or the

custodian is a resident of this state or the custodial property is

located in this state. The custodianship so created remains subject to

this part despite a subsequent change in residence of a transferor, the

minor, or the custodian, or the removal of custodial property from this

state.

(b) A person designated as custodian under this part is subject to

personal jurisdiction in this state with respect to any matter relating

to the custodianship.

(c) A transfer that purports to be made and which is valid under the

Uniform Transfers to Minors Act, the Uniform Gifts to Minors Act, or a

substantially similar act, of another state is governed by the law of

the designated state and may be executed and is enforceable in this

state if at the time of the transfer, the transferor, the minor, or the

custodian is a resident of the designated state or the custodial

property is located in the designated state.