A transfer may be made only for one minor, and only one person may be the custodian. All custodial property held under this chapter by the same custodian for the benefit of the same minor constitutes a single custodianship.
N.J. Stat. Ann. § 46:38A-22
Single custodianship
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.