Montana Statutes

§ 72-26-701 — Powers Of Custodian

Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 26 UNIFORM TRANSFERS TO MINORS ACT·Part 7 Administration by Custodian -- Liability

72-26-701 . Powers of custodian.

(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 72-26-702 .

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Legislative History

En. Sec. 15, Ch. 102, L. 1985.

Nearby Sections

15
§ 72-26-101
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§ 72-26-102
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§ 72-26-103
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§ 72-26-104
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§ 72-26-201
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§ 72-26-202
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§ 72-26-301
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§ 72-26-302
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§ 72-26-303
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§ 72-26-304
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§ 72-26-305
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§ 72-26-306
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§ 72-26-401
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§ 72-26-402
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§ 72-26-403
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