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§ 404.067 — Missouri Law | CourtGPT
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  6. § 404.067
Missouri Legal Code

§ 404.067

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Title XXVI TRADE AND COMMERCE Chapter 404 • Effective - 28 Aug 1985 404.067. Liability to third persons. — 1. A claim based on: (i) a contract entered into by a custodian acting in a custodial capacity, (ii) an obligation arising from the ownership or control of custodial property, or (iii) a tort committed during the custodianship, may be asserted against the custodial property by proceeding against the custodian in the custodial capacity. 2. A custodian is not personally liable: (1) On a contract properly entered into in the custodial capacity unless the custodian fails to reveal that capacity and to identify the custodianship in the contract; or (2) For an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault. 3. A minor is not personally liable for an obligation arising from ownership of custodial property or for a tort committed during the custodianship unless the minor is personally at fault. ­­-------- (L. 1985 S.B. 35, et al. § 9)