(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 twelve of this article.
Structure West Virginia Code
Chapter 36. Estates and Property
Article 7. Uniform Transfers to Minors Act
§36-7-2. Scope and Jurisdiction
§36-7-3. Nomination of Custodian
§36-7-4. Transfer by Gift or Exercise of Power of Appointment
§36-7-5. Transfer Authorized by Will or Trust
§36-7-6. Other Transfer by Fiduciary
§36-7-8. Receipt for Custodial Property
§36-7-10. Single Custodianship
§36-7-11. Validity and Effect of Transfer
§36-7-12. Care of Custodial Property
§36-7-14. Use of Custodial Property
§36-7-15. Custodian's Expenses, Compensation, and Bond
§36-7-16. Exemption of Third Person From Liability
§36-7-17. Liability to Third Persons
§36-7-19. Accounting by and Determination of Liability of Custodian
§36-7-20. Termination of Custodianship
§36-7-22. Effect on Existing Custodianships