2006 New York Code - Scope And Jurisdiction

 
  § 7-6.2 Scope and jurisdiction
    (a)  This  part  applies to a transfer that refers to this part in the
  designation under paragraph (a) of 7-6.9 by which the transfer  is  made
  if  at  the  time  of  the  transfer,  the transferor, the minor, or the
  custodian is a resident of this  state  or  the  custodial  property  is
  located  in  this state. The custodianship so created remains subject to
  this part despite a subsequent change in residence of a transferor,  the
  minor,  or the custodian, or the removal of custodial property from this
  state.
    (b) A person designated as custodian under this  part  is  subject  to
  personal  jurisdiction in this state with respect to any matter relating
  to the custodianship.
    (c) A transfer that purports to be made and which is valid  under  the
  Uniform  Transfers  to Minors Act, the Uniform Gifts to Minors Act, or a
  substantially similar act, of another state is governed by  the  law  of
  the  designated  state  and  may  be executed and is enforceable in this
  state if at the time of the transfer, the transferor, the minor, or  the
  custodian  is  a  resident  of  the  designated  state  or the custodial
  property is located in the designated state.