§553A-17 Liability to third persons. (a) A claim based on:
(1) A contract entered into by a custodian acting in a custodial capacity;
(2) An obligation arising from the ownership or control of custodial property; or
(3) A tort committed during the custodianship;
may be asserted against the custodial property by proceeding against the custodian in the custodial capacity, whether or not the custodian or the minor is personally liable therefor.
(b) A custodian is not personally liable:
(1) On a contract properly entered into in the custodial capacity unless the custodian fails to reveal that capacity and to identify the custodianship in the contract; or
(2) For an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault.
(c) A minor is not personally liable for an obligation arising from ownership of custodial property or for a tort committed during the custodianship unless the minor is personally at fault. [L 1985, c 91, pt of §1]
Structure Hawaii Revised Statutes
Title 30. Guardians and Trustees
553A. Uniform Transfers to Minors Act
553A-2 Scope and jurisdiction.
553A-3 Nomination of custodian.
553A-4 Transfer by gift or exercise of power of appointment.
553A-5 Transfer authorized by will or trust.
553A-6 Other transfer by fiduciary.
553A-8 Receipt for custodial property.
553A-11 Validity and effect of transfer.
553A-12 Care of custodial property.
553A-14 Use of custodial property.
553A-15 Custodian's expenses, compensation, and bond.
553A-16 Exemption of third person from liability.
553A-17 Liability to third persons.
553A-19 Accounting by and determination of liability of custodian.
553A-20 Termination of custodianship.
553A-22 Effect on existing custodianships.