Powers of custodian

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§1664. Powers of custodian

1.  Custodial capacity.  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.  

[PL 1987, c. 734, §2 (NEW).]

2.  Liability.  This section does not relieve a custodian from liability for breach of section 1663.  

[PL 1987, c. 734, §2 (NEW).]

SECTION HISTORY

PL 1987, c. 734, §2 (NEW).


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