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 21-312. (Mar. 12, 1986, D.C. Law 6-87, § 2(a), 33 DCR 278.) Prior Codifications 1981 Ed., § 21-313. Editor's Notes Uniform Law: This section is based upon § 13 of the Uniform Transfers to Minors Act.
District of Columbia Legal Code