Liability of custodian to third persons

N.J. Stat. § 46:38A-40
in effect
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A custodian is not personally liable: a. On a contract properly entered into in the custodial capacity unless the custodian fails to reveal that capacity and to identify the custodianship in the contract; or b. For an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault. L. 1987, c. 18, s. 1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.njleg.state.nj.us/legislative-activity/statutesFetched: 10/17/2026

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