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Current as of January 01, 2024 | Updated by Findlaw Staff
A transfer may be made only for one minor and up to two persons may be joint custodians. All custodial property held under this chapter by the same custodian or joint custodians for the benefit of the same minor constitutes a single custodianship. Unless otherwise specified in a document creating the custodial property, each joint custodian may act alone with respect to the custodial property. If either joint custodian resigns, dies, becomes incapacitated, or is removed, then the remaining joint custodian becomes sole custodian.
Cite this article: FindLaw.com - North Dakota Century Code Title 47. Property § 47-24.1-10. Single custodianship - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-47-property/nd-cent-code-sect-47-24-1-10/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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