72-26-701. Powers of custodian.
61 words·~1 min read·
/mt/title-72/chapter-26/part-7/72-26-701·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
72-26-701 . Powers of custodian.
(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 72-26-702 .