State Codes and Statutes

Statutes > New-york > Ept > Article-7 > Part-6 > 7-6-2

§ 7-6.2 Scope and jurisdiction    (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.

State Codes and Statutes

Statutes > New-york > Ept > Article-7 > Part-6 > 7-6-2

§ 7-6.2 Scope and jurisdiction    (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.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Ept > Article-7 > Part-6 > 7-6-2

§ 7-6.2 Scope and jurisdiction    (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.