(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.
Structure New York Laws
EPT - Estates, Powers and Trusts
Part 6 - Uniform Transfers to Minors Act
7-6.2 - Scope and Jurisdiction
7-6.3 - Nomination of Custodian
7-6.4 - Transfer by Gift or Exercise of Power of Appointment
7-6.5 - Transfer Authorized by Will or Trust
7-6.6 - Other Transfer by Fiduciary
7-6.8 - Receipt for Custodial Property
7-6.11 - Validity and Effect of Transfer
7-6.12 - Care of Custodial Property
7-6.14 - Use of Custodial Property
7-6.15 - Custodian's Expenses, Compensation, and Bond
7-6.16 - Exemption of Third Person From Liability
7-6.17 - Liability to Third Persons
7-6.19 - Accounting by and Determination of Liability of Custodian
7-6.20 - Termination of Custodianship
7-6.21 - Age Eighteen Election
7-6.22 - Effect on Existing Custodianships