{"data":{"id":"us-nj/n.j.-stat.-46-38a-40","jurisdiction":"us-nj","citation":"N.J. Stat. § 46:38A-40","heading":"Liability of custodian to third persons","body":"A custodian is not personally liable:\na.   On a contract properly entered into in the custodial capacity unless the custodian fails to reveal that capacity and to identify the custodianship in the contract; or\nb.   For an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault.\nL. 1987, c. 18, s. 1.","path":["TITLE 46 PROPERTY"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"97eb22d1cda1eac72072a586e3c3981f0c1188e430a9ad6e68af4122e5d9fc93","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-46-38a-39","next":"us-nj/n.j.-stat.-46-38a-41"},"notice":"GroundRules: Original legal text. Not legal advice."}