Maine Statutes

§ 33 §1664 — Powers of custodian

Maine·Title 33 PROPERTY·Ch. 32 MAINE UNIFORM TRANSFERS TO MINORS ACT
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.
2.Liability. This section does not relieve a custodian from liability for breach of section 1663.

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Legislative History

PL 1987, c. 734, §2 (NEW).

Nearby Sections

15
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