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Code · North Carolina · Chapter 33A — North Carolina Uniform Transfers to Minors Act

§ 33A-13. Powers of custodian.

69 words·~1 min read·/nc/chapter-33a/33a-13

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§ 33A-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 the capacity of a custodian only.
(b)This section does not relieve a custodian from liability for breach of G.S. 33A-12. (1987, c. 563, s. 2.)
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