There is a newer version of the Maryland Code
Maryland Estates and Trusts Section 13-313
§ 13-313.
  (a)   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.
  (b)   This section does not relieve a custodian from liability for breach of § 13-312 of this subtitle.
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