Veiled Crocodile — ruling 1

A noncreature permanent that turns into a creature can attack, and its {T} abilities can be activated, only if its controller has continuously controlled that permanent since the beginning of their most recent turn. It doesn't matter how long the permanent has been a creature.

Veiled Crocodile — ruling 2

It can trigger even if a player's hand is empty momentarily during the middle of the resolution of a spell or ability.

Veiled Crocodile — ruling 3

When it turns into a creature, it is no longer an enchantment.

Veiled Crocodile : règles, fonctionnement et interactions (MTG)

Veiled Crocodile is one of those cards players keep asking about. Here is, in plain words, what its official text says, the rulings published by Wizards of the Coast, and the combos players actually run.

Official card text

When a player has no cards in hand, if this permanent is an enchantment, it becomes a 4/4 Crocodile creature.

How it works : Veiled Crocodile

Original English text — Wizards of the Coast / Scryfall

#1August 1, 2008· Wizards of the Coast
A noncreature permanent that turns into a creature can attack, and its abilities can be activated, only if its controller has continuously controlled that permanent since the beginning of their most recent turn. It doesn't matter how long the permanent has been a creature.
No other card is named in this ruling.
#2October 4, 2004· Wizards of the Coast
It can trigger even if a player's hand is empty momentarily during the middle of the resolution of a spell or ability.
No other card is named in this ruling.
#3October 4, 2004· Wizards of the Coast
When it turns into a creature, it is no longer an enchantment.
No other card is named in this ruling.