385.132 Powers of custodian.
56 words·~1 min read·
/ky/chapter-385/385-132A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)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.
(2)This section does not relieve a custodian from liability for breach of KRS 385.122.