Alabama Statutes

§ 35-5A-14 — Custodian Has Rights and Powers That Unmarried Adult Would Have as to Property

Alabama·Title 35 Property·Ch. 5A Uniform Transfers to Minors Act
(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 that capacity only.
(b)This section does not relieve a custodian from liability for breach of Section 35-5A-13.

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Legislative History

(Acts 1986, No. 86-453, p. 819, §13.)

Nearby Sections

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