33 §1664. Powers of custodian
Title 33: PROPERTY
Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT HEADING: PL 1987, C. 734, §2 (NEW)
§1664. Powers of custodian
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.
[ 1987, c. 734, §2 (NEW) .]
2. Liability. This section does not relieve a custodian from liability for breach of section 1663.
[ 1987, c. 734, §2 (NEW) .]
SECTION HISTORY
1987, c. 734, §2 (NEW).