1. A custodian, acting in a custodial capacity, has all the rights, powers and authority over custodial property that an unmarried adult has over his or her 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 any of the provisions of NRS 167.050.
(Added to NRS by 1985, 68)
Structure Nevada Revised Statutes
Chapter 167 - Transfers to Minors (Uniform Act)
NRS 167.021 - Applicability; custodian subject to personal jurisdiction.
NRS 167.023 - Transfer by gift or exercise of power of appointment.
NRS 167.025 - Transfer authorized in will or trust.
NRS 167.027 - Transfer not authorized in will or trust; transfer by conservator.
NRS 167.029 - Transfer by debtor or person holding property of minor.
NRS 167.030 - Creation of custodial property; manner of making transfer.
NRS 167.033 - Nomination of custodian to serve upon future event.
NRS 167.034 - Delay of time for certain transfers; requirements.
NRS 167.035 - Validity of transfer.
NRS 167.040 - Effect of transfer.
NRS 167.043 - Acknowledgment of delivery of custodial property.
NRS 167.045 - Rights of custodian.
NRS 167.050 - Duties and powers of custodian.
NRS 167.055 - Delivery, payment or expenditure of custodial property for benefit of minor.
NRS 167.060 - Expenses, compensation and bond of custodian.
NRS 167.070 - Exemption of third persons from liability.
NRS 167.085 - Claims against custodial property; liability of custodian and minor.