[§553A-13] Powers of custodian.
67 words·~1 min read·
/hi/553a-13A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[§553A-13] Powers of custodian.
(a)A custodian, acting in a custodial capacity, has all the rights, powers, and authority over custodial property that unmarried adult owners have over their own property, but a custodian may exercise those rights, powers, and authority in that capacity only.
(b)This section does not relieve a custodian from liability for breach of section 553A-12. [L 1985, c 91, pt of §1]