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2011 Maine Revised Statutes
TITLE 33: PROPERTY
Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT
33 §1664. Powers of custodian


33 ME Rev Stat § 1664 (2011 through 125th Legis) What's This?

§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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