§1664. Powers of custodian
1. Custodial capacity. 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.
[PL 1987, c. 734, §2 (NEW).]
2. Liability. This section does not relieve a custodian from liability for breach of section 1663.
[PL 1987, c. 734, §2 (NEW).]
SECTION HISTORY
PL 1987, c. 734, §2 (NEW).
Structure Maine Revised Statutes
Chapter 32: MAINE UNIFORM TRANSFERS TO MINORS ACT
33 §1653. Scope and jurisdiction
33 §1654. Nomination of custodian
33 §1655. Transfer by gift or exercise of power of appointment
33 §1656. Transfer authorized by will or trust
33 §1657. Other transfer by fiduciary
33 §1659. Receipt for custodial property
33 §1661. Single custodianship
33 §1662. Validity and effect of transfer
33 §1663. Care of custodial property
33 §1665. Use of custodial property
33 §1666. Custodian's expenses, compensation and bond
33 §1667. Exemption of 3rd person from liability
33 §1668. Liability to 3rd person
33 §1670. Accounting by and determination of liability of custodian
33 §1671. Termination of custodianship