Custodian's exercise of powers and authority over custodial property

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  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 Section 91-20-25.


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