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New Jersey Statutes, Title: 46, PROPERTY
Chapter 38a:
Section: 46:38a-43: Designation of successor custodian by custodian
A custodian may, at any time, designate a trust company or an adult other than a transferor under R.S. 46:38A-8 as successor custodian by executing and dating an instrument of designation before a subscribing witness other than the successor. If the instrument of designation does not contain or is not accompanied by resignation of the custodian, the designation of the successor does not take effect until the custodian resigns, dies, becomes incapacitated, or is removed.
L. 1987, c. 18, s. 1.
This section added to the Rutgers Database: 2012-09-26 13:37:54.
Older versions of 46:38a-43 (if available):
Court decisions that cite this statute:
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