Section 463-A:23 – Effect on Existing Custodianships.
463-A:23 Effect on Existing Custodianships. – I. Any transfer of custodial property as now defined in this chapter made before July 30, 1985 is validated notwithstanding that there was no specific authority in the New Hampshire Uniform Gifts to Minors Law for the coverage of custodial property of that kind or for a transfer […]
Section 463-A:24 – Uniformity of Application and Construction.
463-A:24 Uniformity of Application and Construction. – This chapter shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this chapter among states enacting it. Source. 1985, 197:1, eff. July 30, 1985.
Section 463-A:14 – Use of Custodial Property.
463-A:14 Use of Custodial Property. – I. A custodian may deliver or pay to the minor or expend for the minor’s benefit so much of the custodial property as the custodian considers advisable for the use and benefit of the minor, without court order and without regard to: (a) The duty or ability of […]
Section 463-A:5 – Transfer Authorized by Will or Trust.
463-A:5 Transfer Authorized by Will or Trust. – I. A personal representative or trustee may make an irrevocable transfer pursuant to RSA 463-A:9 to a custodian for the benefit of a minor as authorized in the governing will or trust. II. If the testator or settlor has nominated a custodian under RSA 463-A:3 to […]
Section 463-A:6 – Other Transfer by Fiduciary.
463-A:6 Other Transfer by Fiduciary. – I. Subject to paragraph III, a personal representative or trustee may make an irrevocable transfer to another adult or trust company as custodian for the benefit of a minor pursuant to RSA 463-A:9, in the absence of a will or under a will or trust that does not […]
Section 463-A:7 – Transfer by Obligor.
463-A:7 Transfer by Obligor. – I. Subject to paragraphs II and III, a person not subject to RSA 463-A:5 or 6 who holds property of or owes a liquidated debt to a minor not having a conservator may make an irrevocable transfer to a custodian for the benefit of the minor pursuant to RSA […]
Section 463-A:8 – Receipt for Custodial Property.
463-A:8 Receipt for Custodial Property. – A written acknowledgment of delivery by a custodian constitutes a sufficient receipt and discharge for custodial property transferred to the custodian pursuant to this chapter. Source. 1985, 197:1, eff. July 30, 1985.
Section 463-A:9 – Manner of Creating Custodial Property and Effecting Transfer; Designation of Initial Custodian; Control.
463-A:9 Manner of Creating Custodial Property and Effecting Transfer; Designation of Initial Custodian; Control. – I. Custodial property is created and a transfer is made whenever: (a) An uncertificated security or a certificated security in registered form is either: (1) registered in the name of the transferor, an adult other than the transferor, or […]
Section 463-A:10 – Single Custodianship.
463-A:10 Single Custodianship. – A transfer may be made only for one minor, and only one person may be the custodian. All custodial property held under the provisions of this chapter by the same custodian for the benefit of the same minor constitutes a single custodianship. Source. 1985, 197:1, eff. July 30, 1985.
Section 463-A:11 – Validity and Effect of Transfer.
463-A:11 Validity and Effect of Transfer. – I. The validity of a transfer made in a manner prescribed by the provisions of this chapter shall not be affected by: (a) Failure of the transferor to comply with RSA 463-A:9, III, concerning the possession and control; (b) Designation of an ineligible custodian, except designation of […]