(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 § 4512 of this title.
Structure Delaware Code
Title 12 - Decedents' Estates and Fiduciary Relations
Chapter 45. DELAWARE UNIFORM TRANSFERS TO MINORS ACT
§ 4502. Scope and jurisdiction.
§ 4503. Nomination of custodian.
§ 4504. Transfer by gift or exercise of power of appointment.
§ 4505. Transfer authorized by will or trust.
§ 4506. Other transfer by fiduciary.
§ 4508. Receipt for custodial property.
§ 4511. Validity and effect of transfer.
§ 4512. Care of custodial property.
§ 4514. Use of custodial property.
§ 4515. Custodian's expenses, compensation and bond.
§ 4516. Exemption of third person from liability.
§ 4517. Liability to third persons.
§ 4519. Accounting by and determination of liability of custodian.
§ 4520. Termination of custodianship.