§ 13-313. Rights of custodian; liability

Latest version.

(a) Exercise in rights; 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.

(b) Liability. -- This section does not relieve a custodian from liability for breach of § 13-312 of this subtitle.

HISTORY: 1989, ch. 638.

                    
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