72-26-701. Powers of custodian. (1) 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.
(2) This section does not relieve a custodian from liability for breach of 72-26-702.
History: En. Sec. 15, Ch. 102, L. 1985.
Structure Montana Code Annotated
Title 72. Estates, Trusts, and Fiduciary Relationships
Chapter 26. Uniform Transfers to Minors Act
Part 7. Administration by Custodian -- Liability
72-26-701. Powers of custodian
72-26-702. Care of custodial property
72-26-703. Use of custodial property
72-26-704. Custodian's expenses, compensation, and bond