2016 New Jersey Revised Statutes
Title 46 - Property
Section 46:38A-43 - Designation Of Successor Custodian By Custodian

NJ Rev Stat § 46:38A-43 (2016) What's This?

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.


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