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New Jersey Statutes, Title: 46, PROPERTY
Chapter 38:
Section: 46:38-17: Effect of custodial gift
A gift made in the manner prescribed in this act is irrevocable and conveys to the minor an indefeasible vested legal title to the security, life insurance or endowment policy, annuity contract, money, tangible personal property, interest in a partnership or general partnership.
L. 1963, c. 177, s. 5. Amended by L.1981, c. 377, s. 3, eff. March 1, 1982; repealed R.S. 46:38A-57 (effective July 1, 2007).
This section added to the Rutgers Database: 2012-09-26 13:37:54.
Older versions of 46:38-17 (if available):
Court decisions that cite this statute:
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