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).
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