Wisconsin Statutes & Annotations
Chapter 54 - Guardianships and conservatorships.
54.878 - Powers of custodian.

54.878 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 s. 54.876.
History: 1987 a. 191; 2005 a. 387 s. 539; Stats. 2005 s. 54.878.

Structure Wisconsin Statutes & Annotations

Wisconsin Statutes & Annotations

Chapter 54 - Guardianships and conservatorships.

54.01 - Definitions.

54.10 - Appointment of guardian.

54.12 - Exceptions to appointment of guardian.

54.15 - Selection of guardian; nominations; preferences; other criteria.

54.18 - General duties and powers of guardian; limitations; immunity.

54.19 - Duties of guardian of the estate.

54.20 - Powers of guardian of the estate.

54.21 - Petition to transfer ward's assets to another.

54.22 - Petition for authority to sell, mortgage, pledge, lease, or exchange ward's property.

54.25 - Duties and powers of guardian of the person.

54.26 - Guardian training requirements.

54.30 - Jurisdiction and venue.

54.34 - Petition for guardianship or for receipt and acceptance of a foreign guardianship.

54.36 - Examination of proposed ward.

54.38 - Notice.

54.40 - Guardian ad litem; appointment; duties; termination.

54.42 - Rights of proposed ward or ward.

54.44 - Hearing.

54.46 - Disposition of petition.

54.47 - Lis pendens, void contracts.

54.48 - Protective placement and protective services.

54.50 - Temporary guardianships.

54.52 - Standby guardianship.

54.54 - Successor guardian.

54.60 - Inventory.

54.62 - Accounts.

54.625 - Transfer of guardianship funds of a Menominee.

54.63 - Expansion of order of guardianship; procedure.

54.64 - Review of incompetency and termination of guardianship.

54.66 - Final accounts.

54.68 - Review of conduct of guardian.

54.72 - Guardian compensation and reimbursement.

54.74 - Compensation of guardian ad litem.

54.75 - Access to court records.

54.76 - Conservator; appointment; duties and powers; termination.

54.850 - Definitions.

54.852 - United States uniform veterans guardianship act.

54.854 - Uniform transfers to minors act; definitions.

54.856 - Scope and jurisdiction.

54.858 - Nomination of custodian.

54.860 - Transfer by gift or exercise of power of appointment.

54.862 - Transfer authorized by will or trust.

54.864 - Other transfer by fiduciary.

54.866 - Transfer by obligor.

54.868 - Receipt for custodial property.

54.870 - Manner of creating custodial property and effecting transfer; designation of initial custodian; control.

54.872 - Single custodianship.

54.874 - Validity and effect of transfer.

54.876 - Care of custodial property.

54.878 - Powers of custodian.

54.880 - Use of custodial property.

54.882 - Custodian's expenses, compensation and bond.

54.884 - Exemption of 3rd person from liability.

54.886 - Liability to 3rd persons.

54.888 - Renunciation, resignation, death or removal of custodian; designation of successor custodian.

54.890 - Accounting by and determination of liability of custodian.

54.892 - Termination of custodianship.

54.894 - Applicability.

54.896 - Effect on existing custodianships.

54.898 - Uniformity of application and construction.

54.92 - Uniform securities ownership by minors act.

54.93 - Securities ownership by incompetents and spendthrifts.

54.950 - Definitions.

54.952 - Custodial trust; general.

54.954 - Custodial trustee for future payment or transfer.

54.956 - Form and effect of receipt and acceptance by custodial trustee, jurisdiction.

54.958 - Transfer to custodial trustee by fiduciary or obligor; facility of payment.

54.960 - Multiple beneficiaries; separate custodial trusts; survivorship.

54.962 - General duties of custodial trustee.

54.964 - General powers of custodial trustee.

54.966 - Use of custodial trust property.

54.968 - Determination of incapacity; effect.

54.970 - Exemption of 3rd person from liability.

54.972 - Liability to 3rd person.

54.974 - Declination, resignation, incapacity, death or removal of custodial trustee, designation of successor custodial trustee.

54.976 - Expenses, compensation and bond of custodial trustee.

54.978 - Reporting and accounting by custodial trustee; determination of liability of custodial trustee.

54.980 - Limitations of action against custodial trustee.

54.982 - Distribution on termination.

54.984 - Methods and forms for creating custodial trusts.

54.986 - Applicable law.

54.988 - Uniformity of application and construction.