(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 AS 13.46.110.
Structure Alaska Statutes
Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions
Chapter 46. Alaska Uniform Transfers to Minors Act
Sec. 13.46.010. Scope and jurisdiction.
Sec. 13.46.020. Nomination of custodian.
Sec. 13.46.030. Transfer by gift or exercise of power of appointment.
Sec. 13.46.040. Transfer authorized by will or trust.
Sec. 13.46.050. Other transfer by fiduciary.
Sec. 13.46.060. Transfer by obligor.
Sec. 13.46.070. Receipt for custodial property.
Sec. 13.46.085. Native corporations; custodians.
Sec. 13.46.090. Single custodianship.
Sec. 13.46.100. Validity and effect of transfer.
Sec. 13.46.110. Care of custodial property.
Sec. 13.46.120. Powers of custodian.
Sec. 13.46.130. Use of custodial property.
Sec. 13.46.140. Custodian's expenses, compensation, and bond.
Sec. 13.46.150. Exemption of third person from liability.
Sec. 13.46.160. Liability to third persons.
Sec. 13.46.180. Accounting by and determination of liability of custodian.
Sec. 13.46.190. Termination of custodianship.
Sec. 13.46.195. Changing the time for transfer of custodial property.
Sec. 13.46.197. Extension of custodial term by custodian.
Sec. 13.46.200. Applicability.
Sec. 13.46.210. Effect on existing custodianships.