N.J.S.A. 46:38A-23 — Validity of transfer

46:38A-23. Validity of transfer The validity of a transfer made in a manner prescribed in this chapter is not affected by: a. Failure of the transferor to comply with R.S. 46:38A-22 concerning possession and control; b. Designation of an ineligible custodian, except designation of the transferor in the case of property for which the transferor is ineligible to serve as custodian under R.S. 46:38A-19; or c. Death or incapacity of a person nominated under R.S. 46:38A-6 and R.S. 46:38A-7 or designated under R.S. 46:38A-19 as custodian or the disclaimer of the office by that person. L. 1987, c. 18, s. 1.

This is the verbatim text of N.J.S.A. 46:38A-23, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.