Only the following persons are eligible to be custodians: the donor of the custodial property, an adult, a guardian of the minor and a trust company. There may not be more than one custodian of the same custodial property at the same time.
N.J. Stat. Ann. § 46:38-21
Persons eligible to be custodians
Known as the New Jersey Uniform Gifts to Minors Act
The act spans §§ 46:38-13 to 46:38-41 (31 sections).
L. 1963, c. 177, s. 9
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.