A transferor shall place the custodian in control of the custodial property as soon as practical.
N.J. Stat. Ann. § 46:38A-21
Control of custodial property
Known as the New Jersey Uniform Transfers to Minors Act
The act spans §§ 46:38A-1 to 46:38A-9 (57 sections).
L. 1987, c. 18, s. 1.
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.