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New Jersey Statutes, Title: 46, PROPERTY
Chapter 38a:
Section: 46:38a-40: Liability of custodian to third persons
A custodian is not personally liable:
a. On a contract properly entered into in the custodial capacity unless the custodian fails to reveal that capacity and to identify the custodianship in the contract; or
b. For an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault.
L. 1987, c. 18, s. 1.
This section added to the Rutgers Database: 2012-09-26 13:37:54.
Older versions of 46:38a-40 (if available):
Court decisions that cite this statute:
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