Custodian's Rights, Powers, and Authority Over Custodial Property; Liability for Breach of Code Section 44-5-122

  1. Law
  2. Georgia Code
  3. Property
  4. Acquisition and Loss of Property
  5. The Georgia Transfers to Minors Act
  6. Custodian's Rights, Powers, and Authority Over Custodial Property; Liability for Breach of Code Section 44-5-122

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  1. A custodian, acting in a custodial capacity, has all the rights, powers, and authority over custodial property that adult owners have over their own property, but a custodian may exercise those rights, powers, and authority in that capacity only.
  2. This Code section does not relieve a custodian from liability for breach of Code Section 44-5-122.

(Code 1981, §44-5-123, enacted by Ga. L. 1990, p. 667, § 1.)

RESEARCH REFERENCES

U.L.A.

- Uniform Transfers to Minors Act (U.L.A.) § 13.


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