Section 46:38A-20 - Form of instrument to make certain transfers

NJ Rev Stat § 46:38A-20 (2019) (N/A)

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46:38A-20. Form of instrument to make certain transfers

An instrument in the following form satisfies the requirements of paragraph (2) of subsection a. and subsection g. of R.S. 46:38A-19:

"Transfer Under the New Jersey Uniform

Transfers to Minors Act

I, ............................. (name of transferor or name and representative capacity if a fiduciary) hereby transfer to ....................... (name of custodian), as custodian for ........................ (name of minor) under the New Jersey Uniform Transfers to Minors Act, the following: (insert a description of the custodial property sufficient to identify it).

ated: .............................................................

....................................................................

(Signature)

.......................... (name of custodian) acknowledges receipt of the property described above as custodian for the minor named above under the New Jersey Uniform Transfers to Minors Act.

Dated: .............................................................

....................................................................

(Signature of Custodian)"

Source: New.

P.L. 1987, c. 18, s.1..

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Section 46:38A-19 - Manner of creating custodial property and effecting transfer; designation of initial custodian

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Section 46:38A-21 - Control of custodial property