§ 3223. Powers of custodian
(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 section 3222 of this title. (Added 2015, No. 7, § 1.)
Structure Vermont Statutes
Title 14 - Decedents' Estates and Fiduciary Relations
Chapter 115 - Vermont Uniform Transfers to Minors Act
§ 3212. Scope and jurisdiction
§ 3213. Nomination of custodian
§ 3214. Transfer by gift or exercise of power of appointment
§ 3215. Transfer authorized by will or trust
§ 3216. Other transfer by fiduciary
§ 3218. Receipt for custodial property
§ 3221. Validity and effect of transfer
§ 3222. Care of custodial property
§ 3224. Use of custodial property
§ 3225. Custodian’s expenses, compensation, and bond
§ 3226. Exemption of third person from liability
§ 3227. Liability to third persons
§ 3229. Accounting by and determination of liability of custodian
§ 3230. Termination of custodianship
§ 3232. Effect on existing custodianships