385.172 Liability to third persons.
(1) A claim based on:
(a) A contract entered into by a custodian acting in a custodial capacity; <br>(b) An obligation arising from the ownership or control of custodial property; or <br>(c) A tort committed during the custodianship, may be asserted against the
custodial property by proceeding against the custodian in the custodial <br>capacity, whether or not the custodian or the minor is personally liable <br>therefor.
(2) A custodian is not personally liable:
(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 <br>contract; or
(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 <br>is personally at fault.
Effective: July 15, 1986 <br>History: Created 1986 Ky. Acts ch. 182, sec. 17, effective July 15, 1986.
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