Oklahoma Statutes
§ 58-1218 — Claims against custodial property - Liability of
Oklahoma·Title 58 Probate Procedure
custodian or minor.
A.A claim based on: 1. a contract entered into by a custodian acting in a custodial capacity, or 2. an obligation arising from the ownership or control of custodial property, or 3. a tort committed during the custodianship, may be asserted against the custodial property by proceeding against the custodian in the custodial capacity, whether or not the custodian or the minor is personally liable therefor.
B.A custodian is not personally liable: 1. on a contract properly entered into in the custodial capacity unless the custodian fails to reveal that capacity and to identify the custodianship in the contract; or 2. for an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault.
C.
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Legislative History
Added by Laws 1986, c. 261, § 18, eff. Nov. 1, 1986.
Nearby Sections
15
§ 58-1002
Beneficiaries.§ 58-1004
Husband and wife.§ 58-1006
Inapplication in certain cases.§ 58-1007
Construction and interpretation.§ 58-1008
Citation.§ 58-102
Executors — Incompetency.§ 58-103
Failure of executors.§ 58-105
Death of an executor.