Receipt for custodial property · as in force on May 31, 2026
§ 7-6.8 Receipt for custodial property
A written acknowledgement of delivery by a custodian constitutes a sufficient receipt and discharge for custodial property transferred to a custodian pursuant to this part.
A custodian’s written acknowledgment of delivery is a sufficient receipt and discharge for custodial property transferred under this part. ★
Marked in the text: penalties, time limits, sums of money. Editorial emphasis added by this edition; it does not appear in the statute as enacted.
This provision appears in Volume 1 — The Surrogate's Court in Plain English; Volume 3 — The Surrogate's Court: Court Rules & the EPTL; Volume 5 — Your Career: Surrogate's Court in Plain English.