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the Code of Virginia
2011 Code of Virginia
Title 31 GUARDIAN AND WARD.
Chapter 6 Virginia Uniform Transfers to Minors Act (31-37 thru 31-59)
31-49 Powers of custodian
Universal Citation:
VA Code § 31-49 (2001 through Reg Session)
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31-49. Powers of custodian.
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, which shall include but not be limited to those powers set forth in 64.1-57 as of the date the custodian acts, but a custodian may exercise such rights, powers, and authority in that capacity only. However, this section does not relieve a custodian from liability for breach of a duty imposed under 31-48.
(1988, c. 516.)
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