Wyoming § 34-13-130 Liability to third persons

Wyoming Statutes

§ 34-13-130 — Liability to third persons

Wyoming·Title 34 Property, Conveyances and Security Transactions·Ch. 13 TRANSFERS TO MINORS

(a)A claim based on a contract entered into by a custodian acting as such, on an obligation arising from the ownership or control of custodial property, or on 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:

(i)On a contract properly entered into in the custodial capacity unless the custodian fails to reveal the custodial capacity and to identify the custodianship in the contract; or

(ii)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)A minor is not personally lia

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(a) A claim based on a contract entered into by a
custodian acting as such, on an obligation arising from the
ownership or control of custodial property, or on 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:
(i) On a contract properly entered into in the
custodial capacity unless the custodian fails to reveal the
custodial capacity and to identify the custodianship in the
contract; or
(ii) 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) 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.