Utah § 75A-8-118 Liability to third persons.

Utah Statutes

§ 75A-8-118 — Liability to third persons.

Utah·Title 75A Fiduciaries·Ch. 75A-8 Uniform Transfers to Minors Act

(1)A claim 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, if the claim is based on:

(1)(a) a contract entered into by a custodian acting in a custodial capacity;

(1)(b) an obligation arising from the ownership or control of custodial property; or

(1)(c) a tort committed during the custodianship.

(2)A custodian is not personally liable:

(2)(a) 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)(b) for an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at faul

Free access — add to your briefcase to read the full text and ask questions with AI

(1) A claim 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, if the claim is based on:
(1)(a) a contract entered into by a custodian acting in a custodial capacity;
(1)(b) an obligation arising from the ownership or control of custodial property; or
(1)(c) a tort committed during the custodianship.
(2) A custodian is not personally liable:
(2)(a) 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)(b) for an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault.
(3) A minor is not personally liable for an obligation arising from ownership of custodial property or for a tort committed during the custodianship unless the minor is personally at fault.

Utah § 75A-8-118 (Liability to third persons.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.