385.172 Liability to third persons.
157 words·~1 min read·
/ky/chapter-385/385-172A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A claim based on:
(a)A contract entered into by a custodian acting in a custodial capacity;
(b)An obligation arising from the ownership or control of custodial property; or
(c)A tort committed during the custodianship, may be asserted against the
custodial property by proceeding against the custodian in the custodial
capacity, whether or not the custodian or the minor is personally liable
therefor.
(2)A custodian is not personally liable:
(a)On a contract properly entered into in the custodial capacity unless the
custodian fails to reveal that capacity and to identify the custodianship in the
contract; or
(b)For an obligation arising from control of custodial property or for a tort
committed during the custodianship unless the custodian is personally at fault.
(3)A minor is not personally liable for an obligation arising from ownership of
custodial property or for a tort committed during the custodianship unless the minor
is personally at fault.